Whether it is better to convert lpr or not to convert depends on the situation. If lpr continues to decline afterwards, then it will be better. If there is an increase, it will be bad.

Benefits of converting loans to LPR

In the future, interest rates will completely follow changes in market interest rates, that is, no matter whether subsequent interest rates rise or fall, as long as there is an adjustment, we will benefit from it. For example, the interest rate is lower than before and the interest rate is not transferred. The disadvantages are also obvious because once the last change is made, it cannot be changed later. At the same time, if the interest rate rises in the medium to long term in the future, the amount to be paid may be higher than the current interest.

Of course, judging from the experience of foreign developed countries, with the improvement of economic level and the increasingly mature market operation, LPR interest rates will become lower and lower, and may even become 0 interest rates or negative interest rates, so if There is no problem with China's economy, and the probability of LPR will gradually become lower and lower in the coming years. However, these are all theoretical, so whether things change in the future or not, there are certain risks.

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