Two departments said borrowers of existing floating-rate personal housing loans may, if their loan rate diverges from the nationwide rate on newly issued personal housing loans by a specified threshold, negotiate with banking institutions to change the contract rate or apply to replace the outstanding loan with a newly issued floating-rate personal housing loan; the borrower will choose the method.

2026-08-28

Two departments said borrowers of existing floating-rate personal housing loans may, if their loan rate diverges from the nationwide rate on newly issued personal housing loans by a specified threshold, negotiate with banking institutions to change the contract rate or apply to replace the outstanding loan with a newly issued floating-rate personal housing loan; the borrower will choose the method.