1, loose monetary policy period: During the loose monetary policy period, the central bank will take measures to lower the benchmark interest rate to stimulate economic growth and promote consumption. At this time, the mortgage interest rate usually shows a downward trend. For property buyers, the loan cost is relatively low and the purchasing power is enhanced.
2. Tightening period of monetary policy: When the economy is overheated or inflationary pressure increases, the central bank may tighten monetary policy and raise the benchmark interest rate to curb inflation. In this case, mortgage interest rates tend to rise, and buyers need to pay higher interest costs.
3. Impact of the economic cycle: The mortgage interest rate is also affected by the economic cycle. In the stage of economic growth, the central bank often raises interest rates to control economic overheating and reduce liquidity. In a weak economy or down cycle, the central bank may lower interest rates to stimulate the economy. Therefore, the mortgage interest rate may also rise and fall in the economic cycle.
4. International factors: international economic situation, interest rate level and global capital flow may all have an impact on mortgage interest rate. The instability of the global economy or changes in interest rates in other countries may lead to fluctuations in domestic mortgage interest rates.
Considering that your personal credit situation in the process of mortgage loan has certain influence on the result of loan application, it is really necessary to know your credit situation. By using the big data report generated by "North Sword Quick Check", you can have a more comprehensive understanding of your credit situation in the field of online lending. At the same time, bank lending will also take into account personal big data credit, because bad credit will affect multiple rights and interests.
I would like to remind you that when making a loan decision, you should not only pay attention to the fluctuation trend of mortgage interest rate, but also consider various factors such as personal economic situation, loan term, repayment ability and so on. If you have a housing demand or loan plan, it is recommended that you consult the loan consultant of a professional financial institution or bank to make the best loan decision according to the specific situation.