On May 17, after the central bank set the tone for the next housing finance policy, the cities where the new real estate policy was implemented gradually expanded. Combining institutional data, it was found that up to now, more than 20 provinces have clearly abolished the lower mortgage interest rate limit and lowered the lower down payment ratio limit. Each region supports reasonable housing needs in accordance with the “city-specific policy” principle, and also shows different policy characteristics. Currently, in first-tier cities across the country, with the exception of the first home loan interest rate in Beijing's six districts, which remains at 4.05%, interest rates for first home loans in all other regions and cities have entered the “beginning of 3.” For other second-tier cities, directly lowering the mortgage level to the bottom line of the policy proposed by the central bank has almost become standard. That is, the minimum down payment ratio for the first home loan was adjusted to not less than 15%, the minimum down payment ratio for the second home was adjusted to not less than 25%, and the lower interest rate policy for commercial personal housing loans for the first home and the second home was abolished.