Mortgage interest rate refers to the loan with real estate in the bank, and the interest is paid according to the interest rate stipulated by the bank. China's mortgage interest rate is uniformly stipulated by the People's Bank of China, and all commercial banks can float within a certain range. The mortgage interest rate in China is not always constant, but often changes. The form is that interest rates have been rising, so we often compare the situation before and after raising interest rates.
Matters needing attention in buying a house by loan
1. We should do our best. When applying for a loan, you must be clear about your financial ability. We should not choose to shorten the loan term in one step or at the expense of lowering the quality of life.
2. Provide true information to the bank. 6. When applying for a loan, the bank will ask us to provide some supporting materials, such as the bank's running income certificate. In order to successfully pass the loan review, many friends will cheat on the proof materials, but once they are found to be cheating by the bank, they will not only refuse to give you a loan, but also affect their personal credit information.
3. To choose the repayment method that suits you, there are currently two repayment methods, one is equal principal and interest, and the other is average capital. Although there is only one word difference between the two, there are still many different equal principal and interest in essence. The monthly repayment amount is the same, so the pressure of early repayment is small, while the monthly repayment amount in average capital is gradually decreasing, so the pressure of early repayment is great. This repayment method has certain requirements for the lender's bank flow, such as being suitable for property buyers with strong economic ability.