Now more and more people buy houses, many people will apply for loans to buy houses, and the mortgage part is the loan interest. Now that the central bank has cut interest rates, what impact does the central bank's interest rate cut have on the original mortgage?

Does the central bank's interest rate cut affect the original mortgage?

Once the central bank cuts interest rates, the benchmark loan interest rates of all banks will drop, the new mortgage interest rate will definitely drop, and the original mortgage interest rate will also drop. However, it depends on the mortgage contract. If the interest rate of mortgage contract is fixed loan interest rate, it will not affect. However, if the mortgage interest rate changes with the adjustment of the central bank's interest rate, the central bank's interest rate cut will reduce the original mortgage interest rate.

Generally speaking, for people who have already bought a house, the downward adjustment of mortgage in the market will not have an impact. The most important thing that affects the mortgage is the benchmark interest rate. If the benchmark interest rate changes, the mortgage that has already bought a house will also change accordingly.