[Ministry of Finance: Residential home purchase loan interest discount policy has been implemented smoothly and has initial results] On October 23, Li Nan, deputy director of the Finance Department of the Ministry of Finance, stated at the Ministry of Finance press conference that the residential home purchase loan interest discount policy is the first time that the central government has implemented interest discounts for commercial personal housing loans. This policy will be implemented nationwide on October 1. After the policy was released, the Ministry of Finance immediately guided various localities to speed up implementation. Judging from the operation situation, the policy implementation has been smooth and the results have begun to show. According to reports from the handling banks, during this period, many families inspected houses to purchase houses and applied for loans, and it was generally believed that the interest rate discount policy would actually reduce the monthly payment burden. (Securities Times)