According to Hebei Housing and Urban-Rural Development, Hebei Province will further promote the stable and healthy development of the real estate market, support various cities to comprehensively use policies such as individual income tax refunds, home purchase subsidies, and credit support, carry out activities such as the 'old for new' commodity housing and housing expos to meet the reasonable housing needs of the people according to local conditions.

At the same time, all cities in the province do not review qualifications for home purchases. The minimum down payment ratio for first and second home commercial loans is reduced to 15%, and there is no lower limit on interest rates. The People's Bank of China Hebei Branch has made bulk adjustments to the interest rates of existing housing loans in the province, covering all existing housing loans without distinguishing between first homes, second homes, and above.

Currently, the preparations for various interest rate adjustments are basically ready, and financial institutions throughout the province will gradually complete bulk adjustments before Thursday (31st).