What is the mortgage base point in 2023?
There is no definite base point for the first suite LPR in 2023. The situation of banks is different, and the market conditions and policies implemented in different places are different, so the mortgage interest rates stipulated by banks in different regions will be different. PBOC stipulates that the interest rate of the first individual housing loan shall not be lower than the LPR in the same period, and the interest rate of the second individual housing loan shall not be lower than the LPR plus 60 basis points in the same period.
The commercial loan interest rate is the sum of the loan market quotation (LPR) of the corresponding term as the pricing benchmark. At present, the latest basic points are: the one-year LPR interest rate is 3.55% and the five-year LPR interest rate is 4.2%, which will be adjusted by local governments and banks according to the actual situation.
What does a commercial loan mean?
Commercial loans are loans used to supplement the working capital of industrial and commercial enterprises. Commercial loans are usually called personal housing loans, which are mainly provided to urban residents to buy their own houses. The loan interest rate refers to the form of LPR+ basis point. When users apply for commercial loans, they need to use real estate as collateral and pay a certain down payment.