The downward adjustment of mortgage 10 basis point means that the mortgage interest rate will drop by 0. 1%.

The borrower's monthly repayment will be reduced. Cutting interest rates will directly lower the benchmark interest rate, stimulate more funds to flow into the financial system or the real economy, and promote economic development. Take the loan of 6,543,800 yuan and the loan period of 30 years as an example. After the LPR is lowered by 654.38+00 basis points, the monthly repayment will be reduced by 64 yuan. This can reduce the burden on lenders and improve the feasibility of buying a house.