财联社记者同时注意到，部分大行为确保25日统一调整，在10月24日23点之后已经开始对后台陆续调整。As of now, six state-owned major banks and many joint-stock banks have initiated the batch adjustment of existing home loan interest rates. Some major banks have started to gradually adjust the backend after 23:00 on October 24 to ensure a unified adjustment on the 25th. Users have posted screenshots showing that after the adjustment of existing home loan interest rates on October 25, the interest rates have decreased from 4.8% to 3.9%, resulting in a reduction in interest expenses of over 0.02 million yuan.
On the 25th, several commercial banks experienced a wave of bulk mortgage interest rate adjustments. Some mortgage users from joint-stock banks posted a comparison table of interest rate adjustments on social media. After the adjustment of existing house mortgage interest rates on October 25th, the interest rate decreased from 4.8% to 3.9%, resulting in interest savings of over 0.02 million yuan.
Several commercial banks previously announced that starting on October 25, 2024, they will uniformly implement bulk adjustments on eligible existing house mortgage interest rates. According to incomplete statistics from Caixin, as of now, the six major state-owned banks, including$Ping An Bank (000001.SZ)$,$China CITIC Bank Corporation (601998.SH)$and$CM BANK (03968.HK)$ Several joint-stock banks, including China Guangfa Bank, have initiated bulk adjustments of existing home loan interest rates.
Finance Network reporters also noted that some major banks have started to gradually adjust the backend after 23:00 on October 24 to ensure a unified adjustment on the 25th.
Meanwhile, the search volume for 'existing home loan interest rate adjustment' on several commercial bank apps has increased. Caijing News reporters found that $CCB (00939.HK)$ App, the term 'existing home loan interest rate adjustment' is labeled as a popular search content.$ABC (01288.HK)$The App displays that the 'housing loan interest rate adjustment' feature has risen to fourth place on the App's hot search list.
Deputy Governor of the People's Bank of China Tao Ling previously stated that most mortgage customers can check the adjustment results through the designated channels of the loan banks on October 26. The completion of adjustments in some small and medium-sized banks may be slightly later, with overall expectations to be completed before October 31.
In addition, many mortgage users have raised questions on social media about the phenomenon of not completely consistent interest rates on existing home loans. Bank officials explained that this adjustment only changes the LPR margin but does not adjust the loan repricing date, meaning that the loan rates remain unchanged during batch adjustments. Different customers have different repricing dates. Currently, existing home loans using LPR values above 5 years have standards such as 4.2%, 3.95%, 3.85%, and after adjustment, the corresponding rates will be 3.9%, 3.65%, 3.55%. On the repricing date, after the loan reprices, the rates will be adjusted to the same level for loans included in this batch adjustment.
Editor/Rocky
