After the new property market policy, Wuhan lowered the lower limit of personal mortgage loan interest rates to 3.25%.

"At present, we have received a notice from the People's Bank of China that the lower limit of the mortgage interest rate for personal housing has been adjusted to LPR-70BP (3.25%) for the first set, but it may take a few days for the bank to start the implementation, and we are still waiting for the specific implementation notice. And this is only the lower limit of the interest rate, and the minimum interest rate for loans from various banks may vary." On May 21, I called a bank post-loan management center in Wuhan, and the staff confirmed that the local People's Bank of China issued a notice to further reduce the lower limit of the mortgage interest rate for personal housing. From the public information, this is the first city to adjust the lower limit of the loan interest rate after the "517" property market credit policy was relaxed. In February this year, the lower limit of the personal mortgage interest rate for the first set in Wuhan was LPR-40BP (3.55%).