However, in some cases, such as when the interest rate is expected to continue to fall in the future, the interest rate will be upside down, and the longer the term, the lower the interest rate. For example, this is the case with the current US dollar interest rate. The interest rate of 1 year is higher than that of two years, and the interest rate of two years is higher than that of five years.
If it is a normal commercial loan or provident fund loan, the loan interest rate is stipulated by the state. Depending on whether you buy a house for the first time or for the second time, there will be different interest rates, and the loan term has a certain relationship with the loan interest rate. But it doesn't matter much. Taking five years as the boundary, the loan interest rate will be higher, and in five to 30 years, the loan interest rate will be lower. Basically, more than 90% of the loans have a term of more than five years. As long as the loan period is more than 5 years, the interest rate will not change. If you choose the way of mortgage consumer loans, it will be different. The longer the loan time, the higher the interest rate. For example, loan 10 year, interest rate floating 10%. If you borrow it for 20 years, the interest rate will rise by 20%.
The loan interest rate is the interest rate charged by banks and other financial institutions to borrowers when they issue loans. It is mainly divided into three categories: the loan interest rate of the central bank to commercial banks; The loan interest rate of commercial banks to customers; Interbank lending rate The decisive factors of bank loan interest are: ① Bank cost. Any economic activity needs cost-benefit comparison. There are two types of bank costs: borrowing costs-prepaid interest on borrowed funds; Additional cost-the cost of normal business. ② Average profit rate. Interest is the subdivision of profit, which must be less than the profit rate, and the average profit rate is the highest limit of interest. (3) the supply and demand of borrowing money and funds. If the supply exceeds the demand, the loan interest rate will inevitably fall, and vice versa. In addition, the loan interest rate must also consider price changes, securities returns, political factors and so on. However, some scholars believe that the upper limit of interest rate should be the marginal rate of return of funds. The factor that restricts the interest rate is regarded as the comparison between the profit growth rate of enterprises after borrowing bank loans and the loan interest rate. As long as the former is not lower than the latter, it is possible for enterprises to borrow money from banks.