According to the data of the National Interbank Funding Center authorized by the People's Bank of China, on July 20th, the lpr of 1 year was 3.85%, and that of five years and above was 4.65%, which remained unchanged for four consecutive months. The short-term downward trend of lpr interest rate is uncertain for a long time, and the specific choice depends on the user.

If the repayment time is long and there is no pressure on the monthly payment, you can choose a fixed interest rate. If the repayment time is short and the remaining repayment amount is not high, it can be converted into lpr. According to Announcement No.30 of the Central Bank [20 19], the interest rate change of the existing floating rate mortgage before 2020 1 will be completed before 3 1 at the latest.

Extended data:

Precautions:

When the borrower applies for a loan, he should make an accurate judgment on the repayment ability, design a repayment plan according to his own income level, determine the repayment period, and leave room appropriately, so as not to let the mortgage become a burden for users in their normal lives.

In addition, choose the appropriate repayment method. Known repayment methods include equal repayment method and equal principal repayment method. These two methods are different. If it is confirmed, it cannot be changed, which needs careful consideration. Repayment on time every month will avoid penalty interest and affect credit value.

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