China Central Television (CCTV) learned today (February 21) that the six major banks of Industrial And Commercial Bank Of China Limited(601398) , Agricultural Bank Of China Limited(601288) , Bank Of China Limited(601988) , China Construction Bank Corporation(601939) , Bank Of Communications Co.Ltd(601328) , Postal Savings Bank Of China Co.Ltd(601658) have reduced the housing loan interest rate in Guangzhou from today on. Among them, the preferential approval interest rate of the first house is reduced from the previous LPR + 100bp (5.6%) to LPR + 80bp (5.4%), and the preferential approval interest rate of the second house is reduced from the previous LPR + 120bp (5.8%) to LPR + 100bp (5.6%).
The reporter preliminarily calculated that the loan is 2 million yuan, with a 30-year term and equal principal and interest repayment. The first house loan buyers can pay about 250.96 yuan less each month, and the second house loan buyers can pay about 253.48 yuan less each month.
In addition, the people’s Bank of China authorizes the national interbank lending center to announce that the quoted interest rate (LPR) of the loan market on February 21, 2022 is: 1-year LPR is 3.7%, and more than 5-year LPR is 4.6%. It was the same as last month. Previously, the quoted loan market interest rate (LPR) on December 20, 2021 was 3.8% for one-year LPR and 4.65% for more than five-year LPR.
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