According to the Financial Times, on September 29, the Ministry of Finance, the People's Bank of China and other departments issued the “Notice on Implementing the Interest Rate Discount Policy for Residents' Home Purchase Loans”, which clearly states that starting October 1 this year, the interest rate discount policy for residents' home purchase loans will be implemented nationwide to reduce the burden of commercial personal housing loan interest on newly purchased households. As of October 10, the national housing loan interest rate discount policy has been officially implemented for 10 days. The reporter noticed that after the introduction of the policy, various major state-owned banks responded positively and immediately promoted the implementation of the policy to bear fruit. During the “Eleventh Day” holiday, many provinces and cities across the country successfully launched the first batch of mortgage interest rate discount services. Many eligible buyers in need took the lead in enjoying policy dividends, and the pressure to buy a home was effectively relieved.

Zhitongcaijing · 3d ago
According to the Financial Times, on September 29, the Ministry of Finance, the People's Bank of China and other departments issued the “Notice on Implementing the Interest Rate Discount Policy for Residents' Home Purchase Loans”, which clearly states that starting October 1 this year, the interest rate discount policy for residents' home purchase loans will be implemented nationwide to reduce the burden of commercial personal housing loan interest on newly purchased households. As of October 10, the national housing loan interest rate discount policy has been officially implemented for 10 days. The reporter noticed that after the introduction of the policy, various major state-owned banks responded positively and immediately promoted the implementation of the policy to bear fruit. During the “Eleventh Day” holiday, many provinces and cities across the country successfully launched the first batch of mortgage interest rate discount services. Many eligible buyers in need took the lead in enjoying policy dividends, and the pressure to buy a home was effectively relieved.