As early as 20 19, the central bank issued relevant regulations, and buyers who bought houses before August 20 19 can choose to switch to a fixed interest rate again. But you can only choose once, and you can't look back. So in 20 19, many users chose the deposit interest rate.
Many property buyers feel that as long as they choose a fixed interest rate, they don't have to worry about the future rise in mortgage interest rates, and the repayment pressure will increase. However, according to the new regulations of the real estate market and the central bank in recent years, both the house price and the mortgage interest rate have highlighted the word "stable", and it is unlikely that the mortgage interest rate will be raised.
What is the interest rate of ordinary mortgage?
According to the benchmark interest rate issued by the central bank, it is 4.6% within one year (including one year), 5% from one year to five years (including five years), 5. 15% for more than five years, 2.75% for provident fund mortgage for less than five years (including five years) and 3.25% for more than five years. The commercial loan interest rate is 6.55%, and the provident fund is 4.5%. The mortgage benchmark is 6.0%; This is only a reference value, depending on how much you borrow, how many years, and the changes in the central bank's interest rate; The above prices are for reference only.
Which of the four major banks is cheaper to borrow?
First, ICBC's diversified portfolio loans.
As the head of the four major banks, ICBC ranks first in the market share of individual housing loans in China. Since 200 1 implemented the global expansion strategy, ICBC has been expanding and perfecting its loan portfolio to make its loan products more diversified, so ICBC's personal housing portfolio loans are very popular.
Second, the Agricultural Bank of China quality loan services
As a professional bank in China, Agricultural Bank of China has attracted many buyers with its creativity, market competitiveness and persistence in risk control.
The favor of. Although it is famous for its medium and long-term mortgage loans, the new "quick loan" business in recent years has swept away the mortgage loans handled by banks before.
The cumbersome process helps citizens get mortgage approval faster.
Third, China Bank, a powerful credit resource.
China Bank's mortgage application is quite strict, and it is this rigorous attitude that makes it have a high degree of trust in the loan business. China Bank mainly deals in provident fund loans, new house mortgages and second-hand loans. As the credit resources of the bank are relatively perfect, property buyers can enjoy all-round services provided by China Bank.
Four, the construction bank, to provide a full range of convenience and housing services.
The loan business and scope of China Construction Bank are very comprehensive. Whether it is short-term housing renovation loans, medium-and long-term mortgage loans, or personal provident fund loans, you can enjoy the one-stop service of China Construction Bank, which brings great convenience for citizens to borrow money to buy houses.