20 19 and 12 issued an LPR of more than 5 years, which was 4.8%. If the LPR is higher than 4.8% in the next five years, you can choose a fixed interest rate. Conversely, if it is judged that the future LPR is lower than 4.8%, you can choose LPR. The new mechanism LPR has been released seven times, and the interest rate of individual housing loans with a term of more than five years has been lowered twice, with a cumulative reduction of 10 basis point.
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Pricing is made by adding and subtracting points or floating multiples, but the calculation method is slightly different. When LPR changes in the future, the impact on borrowers and banks is equal, and there is no question of who will benefit from it.
18 LPR quotation banks with lpr interest rate are all of the same type, with strong influence, credibility and pricing power, and need to quote the best customers according to the bank's loan interest rate. In other words, the quotation of the quotation bank is supported by real transactions. At the same time, the People's Bank of China and the self-discipline mechanism of interest rate pricing strictly supervise the quotation behavior of all quotation banks, regularly assess the quality of their quotations, and conduct survival of the fittest according to the assessment.
People's Network -LPR or fixed interest rate, which is more cost-effective?