The influence of lpr interest rate on mortgage loan;
After the implementation of the new mortgage policy, the mortgage interest rate cannot be lower than the lpr interest rate, and banks can float on the benchmark interest rate according to the actual situation. At present, the lpr interest rate of 1 announced on August 20th is 4.25%, and the five-year period is 4.85%. For mortgage customers, the five-year benchmark is 0.05% lower than the central bank benchmark interest rate, but this does not mean that the actual mortgage interest rate will fall.
The interest rate of newly issued personal housing loans should remain roughly stable as before, neither dropping sharply nor increasing the interest burden significantly, which has little impact on the vast majority of property buyers. Among them, the second suite should not be less than LPR+60 basis points, which is conducive to curbing the overheating of the real estate market, cracking down on speculators, and implementing the concept that houses are used for living, not for speculation.
To sum up, starting from 20 19 10 8, the mortgage should also use lpr as the pricing benchmark. But this does not mean that the real mortgage interest rate will fall. As far as the current situation is concerned, lpr interest rate has little effect on mortgage. The monthly interest rate adjustment of mortgage is mainly to crack down on speculators and help curb the overheating of the real estate market.