The interest rate is 6.37, and the LPR published in June 5438 +20201October is 4.8%, 4.75% in February-March and 4.65% in April. After the exchange, the monthly supply can be reduced. According to the trend and the overall economic trend, the interest rate shows a downward trend, and it is cost-effective to switch to LPR. Of course, once selected, it cannot be changed, and there is also the risk that interest rates will rise for a long time to come.

Can the mortgage interest rate 1.2 times be adjusted? Can the mortgage interest rate 1.2 times be adjusted? The state has repeatedly issued macro-control policies on housing prices, such as adjusting the deposit and loan interest rates and the bank reserve ratio, requiring all localities to formulate corresponding implementation rules. Major banks have also introduced a series of clauses such as canceling the interest rate concessions for the first suite and increasing the down payment ratio.

Extended data:

From March 1 2020, financial institutions should negotiate with customers of existing floating interest rate loans on the conversion terms of pricing benchmark, and convert the interest rate pricing method agreed in the original contract into LPR as pricing benchmark (the increase point can be negative), and the value-added will be fixed during the remaining period of the contract; It can also be converted into a fixed interest rate.

On August 25th, 2020, 12, five state-owned banks, namely ICBC, China Construction Bank, Agricultural Bank of China, Bank of China and Postal Savings Bank, announced at the same time that individual housing loans within the scope of batch conversion would be uniformly adjusted to LPR (loan market quotation) pricing method according to relevant rules.

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