A · Important
[The Ministry of Finance issued a notice on the implementation of the interest discount policy for residents’ home purchase loans] The Ministry of Finance notified that in order to thoroughly implement the relevant decisions and arrangements of the Party Central Committee and the State Council, and to support the rigid housing needs of urban and rural residents by strengthening the coordination of fiscal and financial policies, it has decided to implement a nationwide policy for residents’ home purchase loan interest discounts to reduce the interest burden on commercial personal housing loans for families who are newly purchasing their first homes.
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