4 percent.

According to the official website of the People's Bank of China, we learned that the mortgage interest rate in Fengcheng in 2020 is 4%. The mortgage interest rate refers to a loan taken out with a bank using real estate. The interest on the loan must be paid according to the interest rate specified by the bank. . China's mortgage interest rates are uniformly stipulated by the People's Bank of China, and each commercial bank can float within a certain range when implementing it.