The downward adjustment of mortgage interest rate is closely related to the following factors:
0 1, because the demand is reduced.
Generally, there will be supply only when there is demand, so the reason for the downward adjustment of mortgage interest rate is that the market demand has decreased. If a large number of people apply for mortgages, banks will often raise the loan interest rate. In this way, they can not only screen out better customers, but also improve profits. However, if the number of people applying for mortgages becomes particularly small and the market demand for mortgages decreases, then banks as suppliers need to make some changes. The simplest way is to lower their loan interest rate, so as to attract more people to handle loan business.
02, because the Lpr interest rate has been reduced.
In fact, in essence, no matter whether the bank's loan interest rate is rising or falling, it will be adjusted according to the lpr interest rate released by the central bank at the same time. If the lpr interest rate issued by the central bank is lowered, then according to the regulations, major banks should also lower the benchmark lending rate according to this interest rate. Therefore, the reason why major banks cut the loan interest rate is actually because the lpr interest rate issued by the central bank has decreased.
03. Because fewer and fewer people buy houses now.
In recent years, the real estate market is really depressed, and house prices in many cities are also falling sharply. Major cities have also introduced many subsidy policies from various aspects. But even if there are not many people who buy a house like this, even if a few people buy a house, they will choose to buy a house in full and will not apply for a loan from the bank. In this case, the mortgage interest rate will naturally be lowered.
Although the mortgage interest rate is lowered, some people who apply for loans will not be affected. For example, some people are satisfied with provident fund loans. If they use the provident fund to apply for loans, they will not be affected by the downward adjustment of commercial loan interest rates.
Why should the loan interest rate rise?
1, adjust the structure to control risks
The change of loan interest rate policy is closely related to the adjustment of macro policy. In the general direction of bank credit "restructuring", personal housing mortgage loan belongs to "real estate loan", and banks have a set of risk control logic.
The Central Economic Work Conference proposed to adhere to the orientation of "houses are used for living, not for speculation" and comprehensively use financial, land, fiscal, taxation, investment, legislation and other means to accelerate the research and establishment of basic systems and long-term mechanisms that conform to national conditions and adapt to market rules, not only to curb the real estate bubble,
2. The rising cost of bank capital is the main reason.
Many banks are still digesting the stock of previous mortgages and have not added new mortgages for several months. Decentralize the mortgage quota index on a quarterly basis, but this quota is obviously "not enough".
A number of real estate agents also reported that not only did the mortgage interest rate discount disappear, but the lending time was significantly extended. The rising cost of bank funds is the main reason for banks to adjust the interest rate of the first home mortgage and tighten the quota.
Extended data
Floating functions include:
1, the change of interest rate can sensitively reflect the supply and demand of funds in the financial market;
2. The risk of interest rate changes borne by both borrowers and borrowers is relatively small;
3. It is convenient for financial institutions to adjust their assets and liabilities in time according to changes in market interest rates;
4. It is helpful for the central bank to know the effect of monetary policy in time and make corresponding policy adjustments.