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What is the interest rate of the first home loan now?
What is the interest rate of the first home loan now? At present, the benchmark interest rate for commercial loans with a loan term of more than 5 years is 4.90%. Due to the relationship between purchase restriction and loan restriction, the regulation of mortgage interest rate by major banks is not the same. The latest data shows that the average interest rate of the first suite in China is 5.38%, and the interest rate generally rises by 5%-20%. The second home loan interest rate will generally rise 10%-30%.

Is there a discount for the first home loan? 1. The interest rate of the bank's first home loan is determined according to the borrower's credit status, collateral, national policy (first home) and other factors. According to the bank's credit status, collateral, national policy (first suite) and other factors, if the bank has a good evaluation of the bank, then the bank's mortgage interest rate will be different.

2. If you want to enjoy the preferential policies such as tax, relief and loan for the first suite, you need the buyer to submit a purchase application to the real estate trading center in the area where the purchased property is located with the purchase contract and ID card, and issue the first purchase certificate within seven working days.

3. A number of banks began to adjust the first home loan concessions. In some cities, the interest rate of the first home loan has been lowered, the loan issuance cycle has been extended, and the bank loan interest rate policy has also been "differentiated". Some banks even increase the down payment by 25% to 10%. It stands to reason that banks should adjust their loans according to their own goals in the fourth quarter. If interest rates are not cut, banks will give priority to loans from large enterprises and development enterprises.

The mortgage interest rate difference between the first suite and the second suite is generally based on the benchmark interest rate, but some banks will give the first suite a 15% discount. The mortgage interest rate of the second suite is usually 1. 1 times the benchmark interest rate.

The housing loan interest rate in China is set by the People's Bank of China and implemented nationwide. But every commercial bank can float freely within the prescribed scope. China's mortgage interest rate is not static, but constantly changing, in the form of rising interest rates. So people often compare the situation before and after raising interest rates.

The above is the answer to the current first home loan interest rate and related questions. I hope my answer will satisfy you and provide some ideas for your question.