A decrease of 39.0 basis points means an increase of 0.39%.
Interest rate fluctuations are based on the central bank's benchmark interest rate. Take the latest interest rate 6.8 as an example. A floating interest rate of 65,438+00% means an interest rate of 65,438+0.65,438+0 times, and the interest rate is 7.48. This 10% is generally the implementation plan of the second suite, or the standard for lenders with bad credit records not exceeding the standard to refinance.
Extended data:
Characteristics of benchmark interest rate
1, marketization. Obviously, the benchmark interest rate must be determined by the relationship between market supply and demand, which not only reflects the actual market supply and demand, but also reflects the market's expectations for the future;
2. basic. The benchmark interest rate plays a fundamental role in the interest rate system and the price system of financial products, and has a strong correlation with the interest rates of other financial markets or the prices of financial assets.
3. transitivity. The market signal reflected by the benchmark interest rate, or the regulatory signal sent by the central bank through the benchmark interest rate, can be effectively transmitted to other financial markets and financial product prices.
Can the benchmark loan interest rate go down?
The benchmark loan interest rate can be lowered. Many people can let the loan interest rate go down when the bank handles the loan. For example, the benchmark interest rate for 20 19-year loans (more than 5 years) is 4.9%. If it drops by 10% during the loan period, the user's loan interest rate is 4.4 1%.
When the borrower gets the benchmark loan interest rate, the interest paid by the borrower will be reduced, which is quite beneficial to the borrower; However, it is still difficult to lower the interest rate when lending. Generally speaking, being a good customer of a bank can lower the interest rate.
Users can consult more banks when handling loans to find out which bank can have the loan interest rate down or what conditions are met before the bank will give it down. After asking clearly, they can choose the bank loan that suits them best.
To apply for a loan in a bank, you must be at least 18 years old, have full capacity for civil conduct, have a stable income and be able to repay on time. What's more, the borrower must have a good credit report and submit it to the bank for the last six months. These are the basic conditions of the loan.
After the borrower submits the materials, the bank will review them. Only after the approval, the bank will sign a formal loan contract with the borrower. When signing the contract, the repayment time and method will be agreed. If it is a mortgage, the repayment methods are average capital and equal principal and interest. Borrowers can choose according to their actual situation.
Users must repay on time after handling it, and don't be overdue during the repayment process. If there are many overdue times, the bank will upload the overdue records to the credit information center, and the bank will ask the borrower to pay off the arrears in advance, increasing the repayment burden; In fact, it is best for the borrower to assess his repayment ability before handling the loan, so as to avoid the borrower's failure to repay the loan later, which will adversely affect the individual.
Can the benchmark loan interest rate go down?
You can float down.
The current interest rate method is calculated according to "LPR plus (or minus) floating point".
Commercial loan interest rate: The bank determines the differential loan interest rate according to the loan purpose, loan nature, loan term, loan policy, personal credit of the lender and other related factors, that is, it goes up (plus points) or down (minus points) on the basis of the benchmark interest rate. The upper limit is that the loan interest rate shall not exceed four times the quoted one-year loan market interest rate LPR (the published 1 year LPR since April 2020 is 3.85%, and the four times is 15.4%).
The introduction of lowering the benchmark interest rate for loans ends here.