The minimum mortgage interest rate in Guangzhou can go as low as 2.7%, according to the latest response from industry insiders.

There are market reports indicating that the housing commercial loan interest rate in Guangzhou can currently be as low as 2.7%. Regarding this rumor, reporters have learned from relevant banks that Standard Chartered Bank and HSBC have a minimum housing loan interest rate of 2.7% in Guangzhou, but this is subject to specific qualifications and conditions. A staff member from Standard Chartered Bank stated that the bank's mortgage rate can currently be negotiated down to 2.7%, but this preferential rate is primarily targeted at clients with a good credit history and a monthly income that can cover more than twice the monthly repayment amount, or high-quality clients such as teachers, doctors, and civil servants who have stable jobs and incomes. Whether the lowest interest rate can be secured ultimately depends on the final approval. In addition, a staff member from a HSBC branch in Guangzhou also indicated that the bank's mortgage rate can also be lowered to 2.7%, but this is mainly for clients with good credit and a monthly income that exceeds twice the monthly repayment amount; final approval will also determine eligibility.