Whether the interest rate of the first home loan will change after the first home loan interest rate is lowered needs to be determined according to the choice of the mortgage interest rate.

1. If property buyers choose the lpr floating interest rate when handling loans, then the interest rate of the first home loan will be lowered, and the loan interest rate of the purchased house will be changed and lowered accordingly.

2. If the property buyers choose a fixed interest rate when handling the loan, then the interest rate of the first home loan will not change, and it will still be implemented according to the mortgage interest rate signed by the applicant and the bank.

What is the difference between floating interest rate and fixed interest rate?

1. Essential differences.

floating interest rate refers to the interest rate that is adjusted accordingly with the change of prices or other factors during the loan period.

the fixed interest rate is stipulated by the state, which is an interest rate that is not affected by the average social profit rate and the change of capital supply and demand in a certain period of time.

2. Differences in interest rates.

based on the interest rate determined when the loan relationship is established, the floating interest rate can be adjusted during the loan period.

and the fixed interest rate is not adjusted during the loan period.

3. Advantages and disadvantages of floating interest rate and fixed interest rate.

advantages and disadvantages of floating interest rate: floating interest rate provides the possibility for both investors and financiers to manage interest rate risk, which is more detailed in accounting, but also more complicated, and at the same time it also eliminates interest rate risk. After the 197s, because the fluctuation range and frequency of interest rates around the world have greatly increased, floating interest rates have been adopted more and more, especially in the lending activities of enterprises. The loan interest rate of Chinese enterprises is now the floating interest rate method, which verifies the interest rate once a year.

advantages and disadvantages of fixed interest rate: fixed interest rate is simple and convenient in accounting, which is convenient for both investors and financiers to make capital plans. But for both long-term borrowers and borrowers, the risk is greater. In terms of financing, the risk of falling interest rate means that the financing cost is on the high side for the financier with fixed interest rate if the interest rate falls after the loan relationship is determined. In terms of investment, there is a risk of rising interest rates, because after the loan relationship is determined, if interest rates rise, for investors with fixed interest rates, it means that funds are occupied on low-yield assets.

Baojia Ruijing Garden is for sale

Reference price: the average reference price is 73 yuan /㎡

Address: 2m west of the intersection of West First Ring Road and Wuzhen Street, Luzhou District

Tel: 4-818-66 to 2326.