If the mortgage interest rate fluctuates, the loan interest rate may not necessarily fall. Because even if the mortgage interest rate is linked to LPR and becomes floating, LPR will not change every month. Even if LPR is lowered, it will not necessarily lead to the immediate reduction of the loan interest rate.

Although LPR is published once a month, the overall frequency of change is not great, and it remains in a relatively stable state most of the time, so even if the lender's loan interest rate fluctuates, there is not much change in this case.

In addition, even if the LPR changes, the lender's mortgage interest rate may not necessarily change immediately. When signing a loan contract, the lender will agree with the bank on a mortgage interest rate change cycle, with the shortest time being one year. In other words, although the LPR has been reduced, the mortgage interest rate will not change as long as the lender has not completed a loan cycle. After completing a loan cycle, the mortgage interest rate will be adjusted according to the latest LPR.

Why is the mortgage interest rate of China Everbright Bank not lowered?

The mortgage interest rate has not dropped for the following reasons:

1, whether the customer is a provident fund loan, a provident fund loan or a fixed interest rate.

2. The customer has not completed a mortgage interest rate change cycle, and the floating mortgage interest rate remains unchanged every month. The shortest change period is 1 year.

3. The customer is a former stock mortgage loan and chooses a fixed interest rate. In this case, the interest rate will not be lowered.

Why didn't China bank mortgage interest rate drop for 23 years?

Hello, thank you very much for your question. The reason why the interest rate of bank mortgage in China has not been lowered for 23 years is that the China government has been striving to maintain stable economic growth and ensure the stability of the financial market. To this end, the China Municipal Government has taken a series of measures, including keeping the mortgage interest rate stable. As China's economy has maintained steady growth in the past few years, the government believes that maintaining the mortgage interest rate unchanged is conducive to steady economic growth. In addition, the government also believes that if the mortgage interest rate is too low, it may lead to excessive speculation in the real estate market, thus affecting the stable economic growth. Therefore, the government has kept the mortgage interest rate stable to ensure the stable economic growth.

Why hasn't the mortgage interest rate been lowered? There are several reasons.

; ? Many people are still concerned about the loan interest rate after the mortgage comes down. I heard that the mortgage interest rate will also be lowered, but I have nothing to do. Then, why hasn't the mortgage interest rate been lowered? In fact, this still depends on the type of mortgage and the pricing method of mortgage interest rate. Let's see why.

Why hasn't the mortgage interest rate been lowered?

1. The interest rate of the provident fund loan has not been adjusted: the interest rate of the provident fund loan is floating, but it has nothing to do with the LPR interest rate and is only linked to the benchmark interest rate. The interest rate of provident fund loans has not been adjusted for several years, and it is impossible to lower the mortgage interest rate. However, the provident fund loan is a bank loan with the lowest interest rate, and it is cheaper than commercial loans and has not been lowered.

2. Choose a fixed interest rate: Some lenders chose a fixed interest rate before, and the interest rate will not change during the repayment period, and the same interest rate will be implemented until the end of repayment. If you feel that the mortgage interest is too much, you can choose to repay in advance to reduce the interest expense, but according to your repayment period, you will be charged 1%~3% of the outstanding principal as liquidated damages.

3. Before the repricing date: the interest rates of newly issued commercial loans are all priced according to LPR+ basis points in the same period, in which the basis points remain unchanged after mortgage lending, and the LPR is adjusted irregularly, but there is no saying that the mortgage interest rate will be adjusted immediately after the LPR changes, and the repricing date shall prevail. And it is only adjusted once a year. Usually, no matter how LPR changes, the mortgage interest rate will not affect it.

The above is the relevant introduction of "Why the mortgage interest rate has not been lowered". In short, not all mortgage interest rates will be lowered. Lenders can first look at their own mortgage types, and then look at the time of the re-pricing day to judge.