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.
Finance Network October 25th News (Reporter Guo Zishuo) On the 25th, many commercial banks ushered in a wave of batch adjustment of mortgage interest rates. Some joint-stock bank mortgage users posted a comparison table on social media, showing that after the adjustment of existing home loan interest rates on October 25, the interest rates dropped from 4.8% to 3.9%, leading to a reduction in interest expenses by over 0.02 million yuan.
Several commercial banks previously announced that starting from October 25, 2024, they will uniformly implement batch adjustments of existing home loan interest rates that meet the conditions. According to incomplete statistics from Finance Network reporters, as of now, six state-owned major banks, as well as joint-stock banks including Ping An Bank, China Citic Bank Corporation, CM Bank, and Guangfa Bank, have initiated the batch adjustment 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.
At the same time, the search volume for 'existing home loan interest rate adjustment' on multiple commercial bank apps has increased. Finance Network reporters found on China Construction Bank app that 'existing home loan interest rate adjustment' was marked as a popular search item. On Agricultural Bank app, the 'mortgage interest rate adjustment' function surged 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.
