The benchmark loan interest rate will be adjusted from 65438+ 1 in the year following the change of conditions and policies.
The People's Bank of China has decided to lower the benchmark interest rates of RMB loans and deposits of financial institutions from March 20 15/day.
The benchmark interest rate for one-year loans of financial institutions was lowered by 0.25 percentage points to 5.35%; The benchmark interest rate for one-year deposits was lowered by 0.25 percentage point to 2.5%. At the same time, combined with the interest rate marketization reform, the upper limit of the floating range of deposit interest rate of financial institutions was adjusted from 65438 0.2 times of the benchmark deposit interest rate to 65438 0.3 times. The benchmark deposit and loan interest rates of other grades and the deposit and loan interest rates of individual housing provident fund are adjusted accordingly.
Adjustment table of benchmark interest rate for RMB loans of financial institutions
Unit:%
Extended data:
Mortgage interest rate refers to the relevant mortgage loan amount. Mortgage loan refers to the loan obtained by the buyer from the bank with the purchased house as collateral, and the buyer pays the bank in installments according to the repayment method and time limit agreed in the mortgage contract; Banks charge interest at a certain rate. If the lender defaults, the bank has the right to take away the house.
Relevant regulations
loan on mortgage/security
The word "mortgage" was originally a local dialect and was found in Hong Kong, Macao and Taiwan. From the end of 1980s, it gradually appeared in Chinese mainland from south to north. Except for the China Special Administrative Region, there is no provision on mortgage in the law. Before Hong Kong's return to the motherland, the provisions on mortgage in Hong Kong were broadly defined and narrowly defined.
Mortgage in a broad sense refers to any form of pledge (pledge is the mortgage of movable property) and mortgage; Narrow mortgage refers to transferring the property to the lender's name, and then transferring the property back to the borrower's (mortgagor's) name after the loan is paid off. There are some differences between the mortgage stipulated in the Urban Real Estate Management Law and the Guarantee Law and the mortgage in Hong Kong, that is, the definition of mortgage in these two laws is based on the transfer of possession.
"Mortgage" has two meanings: real estate mortgage and installment repayment. It refers to a loan method in which a bank issues a purchase of owner-occupied housing to a natural person with full capacity for civil conduct, and repays the loan with the property house purchased by him as a mortgage, and repays the principal and interest of the loan on a monthly basis. It is divided into individual housing commercial loans (referred to as commercial loans) and individual housing provident fund loans (referred to as provident fund loans).
Specifically, the mortgage loan refers to the purchase of the building as collateral to obtain loans from the bank, and the buyers pay the bank in installments according to the repayment method and time limit agreed in the mortgage contract; Banks charge interest at a certain rate. If the lender defaults, the bank has the right to take away the house.
References:
Mortgage interest rate-Baidu Encyclopedia