How much does Qingdao lpr interest rate increase?

According to peninsula metropolis daily, the first suite in Qingdao will be LPR-20BP from April 20th, 2023.

The mortgage interest rate is composed of "LPR+ over 5 years+bank basis point". Prime Bank's first home loan interest rate is 4. 1%(LPR-20BP), and the second home loan interest rate is 4.9% (LPR+ 60bp). On April 20th, the People's Bank of China authorized the National Interbank Funding Center to announce that the quoted interest rate (LPR) of the loan market on April 20th, 2023 was: 1 year, 3.65%, and 5 years and above, 4.3%.

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