The general mortgage interest rate is adjusted once a year, and the time is 65438+ 10/month 1 (China Bank adjusts it every year). When adjusting, the interest rate last adjusted by the central bank last year shall prevail. If the central bank did not adjust the loan interest rate last year, it will still be implemented at the original interest rate. If the central bank makes an adjustment decision after 65438+ 10, the mortgage interest rate will be adjusted to 65438+ 10/next year, according to the interest rate last adjusted by the central bank in that year.
There are two main bases for interest rate adjustment during the loan period:
1, interest rate adjustment decision issued by the People's Bank of China (the central bank);
2. Interest rate clauses in the contract. If it is a fixed interest rate, no matter how the central bank adjusts the interest rate, the loan interest rate with fixed interest rate will not be adjusted; If it is a floating interest rate, it shall be adjusted according to the adjustment time agreed in the contract and the interest rate adjusted by the central bank.
Interest rate refers to the ratio of the amount of interest to the amount of borrowed funds, that is, the principal, in a certain period of time. Interest rate is the main factor that determines the capital cost of enterprises, and it is also the decisive factor for enterprises to raise funds and invest. To study the financial environment, we must pay attention to the current situation and changing trend of interest rates.
Refers to the ratio of the interest amount due in each period to the par value of the borrowed, deposited or borrowed amount (called the total principal). The total interest of the lent or borrowed amount depends on the total principal, interest rate, compound interest frequency and the length of time of lending, deposit or borrowing. Interest rate is the price that the borrower needs to pay for the money borrowed, and it is also the return that the lender gets by delaying his own consumption and lending it to the borrower. The interest rate is usually calculated by the percentage of one-year interest to the principal.
In modern economy, interest rate, as the price of capital, is not only restricted by many economic and social factors, but also has a great influence on the whole economy. Therefore, modern economists pay special attention to the relationship between various variables and the balance of the whole economy when studying the decision of interest rate. Interest rate determination theory has also experienced the evolution and development of classical interest rate theory, Keynesian interest rate theory, loanable funds interest rate theory, IS-LM interest rate analysis and contemporary dynamic interest rate model.
reference data
Baidu encyclopedia-interest rate