The People's Bank of China authorized the National Interbank Funding Center to announce that on April 20, 2022, the loan market quoted interest rate (LPR) was 3.7% for one year and 4.6% for five years and above. The above LPR is valid until the next LPR version.

Considering that it usually takes two overall RRR cuts to trigger the quotation bank to lower the LPR quotation (two RRR cuts in July 2002 1 year and February 2002 12 triggered 12 LPR quotation lowered by 5 basis points), the fact that the MLF interest rate will not change in April means that the latest LPR quotation with a term of1year and above was announced on the 20th.

Impact of LPR:

Usually we refer to the mortgage with the five-year LPR interest rate as the anchor point and the local actual situation as the real interest rate of our mortgage. Therefore, the change of LPR has a great influence on the monthly repayment amount of our mortgage. The market quotation (LPR) of one-year loans is 3.7%, and the market quotation (LPR) of loans over five years is 4.45%. /d 009 B3 de 9 c 82d 1588 ABC 3c 22920 a 19d 8 BC 3 e 4262？ x-BCE-process = image % 2f resize % 2Cm _ lfit % 2Cw _ 600% 2Ch _ 800% 2c limit _ 1% 2f quality % 2Cq _ 85% 2f format % 2Cf _ auto