Today, CM Bank stated on its official account: "Our bank will batch adjust the interest rates of existing individual housing loans on October 25, 2024." For individual housing loans that meet the following conditions at the same time, batch adjustments to existing housing loan interest rates will be implemented: (1) Existing commercial individual housing loans issued by our bank (including first home, second home, etc.), including regular pure commercial individual housing loans, commercial individual housing loans in provident fund combination loans. (2) Must be floating rate loans priced based on the Loan Prime Rate (LPR), with an add-on rate higher than -30 basis points on the basis of the LPR. (3) Fixed rate and base rate housing loans must first be converted to floating rate loans priced based on LPR before adjustments.