Recently, mortgage interest rates have been lowered in many cities across China.
According to CIH data, more than 40 cities have lowered the mortgage rates for first houses to below 4%.
So, what is the situation in SHFE?
Starting from July 24, 2021, the first-home loan interest rate in SHFE was adjusted to lpr+35 basis points, and the second-home loan interest rate was adjusted to lpr+105 basis points.
At present, the basis points added by many banks in SHFE have not changed.
According to authoritative sources, there is no relevant arrangement for the cuts in basis points yet.
