China News Service, September 30. According to the news on the official website of the central bank on the 30th, the People's Bank of China decided to reduce the loan interest rate of the first personal housing provident fund by 0.15 percentage points from October 1, 2022. The interest rates for more than 5 years were adjusted to 2.6% and 3.1% respectively.

The interest rate policy of the second set of personal housing provident fund loans remains unchanged, that is, the interest rates for less than 5 years (including 5 years) and more than 5 years are not lower than 3.025% and 3.575% respectively.

(Zhongxin Finance)

Screenshot of the official website of the Central Bank.