On September 29, the People's Bank of China guided commercial banks to once again reduce the interest rates on existing commercial personal housing loans, and further improve the pricing mechanism for personal housing loan rates. #Experts say that mortgage rates will embrace a new pricing method# Currently, major banks have issued specific operational matters, clearly stating that batch adjustments will be uniformly implemented by the end of October, reassuring borrowers. Reporters learned that banks are actively preparing to ensure a stable and orderly process of rate adjustment. Authoritative experts stated that with the experience from the previous adjustment, banks are more proficient in the entire adjustment process, providing the public with more confidence, and this adjustment will be implemented in an orderly and secure manner. In addition, personal housing loan rates will embrace a new pricing method. (Securities Times)