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The Lower Limit of Hangzhou’s First-Home Loan Interest Rate Adjusted to 4.0%

The lower limit of Hangzhou’s first-home loan interest rate was announced and adjusted to a minimum of 4.0% hwyst.hangzhou.com.cn 2023-09-04 08:45:44 Monday

On September 1, the Zhejiang Branch of the People’s Bank of China announced the lower limit of first-home loan interest rates in various cities in Zhejiang Province since October 2019. Among them, from November 2022 to the present, the lower limit of the interest rate implemented in Hangzhou is LPR-20BP.

According to this data, from October 2019 to November 2022, Hangzhou’s stock first-home loan interest rate can be adjusted to a minimum of 4.2%, and from November 2022 to the present, the stock first-home loan interest rate can be adjusted to a minimum of 4.0%.

source:Hangzhou Net, Hangzhou Tong client author:Reporter Chen Wenjing edit:Cheng Huiyu

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2023-09-04 00:45:44
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