The Central Bank of China adjusted the market quoted interest rate (LPR) for loans with a maturity of more than 5 years on the 20th. LPR over 5 years was 4.6%, down 5 basis points from the previous period (1 basis point equals 0.01%).
It is reported that most of the mortgage interest rates are linked to the five-year LPR. A reporter from China News Agency visited the branches of China China Construction Bank Corporation(601939) , China China Minsheng Banking Corp.Ltd(600016) , China Agricultural Bank Of China Limited(601288) , China Merchants Bank Co.Ltd(600036) and other banks in Shenzhen on the 21st and learned that some banks have adjusted the mortgage interest rates according to the latest interest rates.
The customer manager of a sub branch in Shenzhen, China Agricultural Bank Of China Limited(601288) said that at present, the bank’s first house mortgage interest rate has been adjusted to 4.9%, up from 5.1%.
China Merchants Bank Co.Ltd(600036) the small and micro customer manager in charge of retail credit disclosed that for the first house buyer, the mortgage interest rate of the bank is 4.9%; The mortgage interest rate of the second house is 5.2%. The lending time is 2 to 3 days.
In addition, not all mortgage customers can immediately enjoy the reduced new interest rate, which needs to be determined according to the specific situation.
The small and micro customer manager said that for customers who have purchased a house, it needs to be adjusted according to the interest rate adjustment method agreed in the contract. If last year’s loan is adjusted on January 1 of each year, the relevant mortgage interest rate will be adjusted on January 1 of next year; If you choose to adjust by the corresponding day of the loan, that is, the loan will be adjusted on the day of this year on which day of last year.
Gan Hong, general manager of leyoujia financial services management center, a housing intermediary, believes that the reduction of LPR by 5 basis points over a 5-year period not only reduces the mortgage of home buyers, but also gives confidence and expectation to the market and home buyers, which can drive the purchase behavior of just in need customers to a certain extent and help the property market further return to stability.
In addition, some banks have not adjusted the mortgage interest rate. The reporter learned that Bank Of China Limited(601988) and China Construction Bank Corporation(601939) Shenzhen Branch of China have not adjusted the mortgage interest rate at present; China Minsheng Banking Corp.Ltd(600016) according to the loan manager of a branch in Shenzhen, the loan interest rate of the first house is still 5.15% and that of the second house is 5.6%.
