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What is the mortgage interest rate in Hefei?
4% for the first suite and 4.75% for the second suite. According to the website of Hefei Housing Management Center, the loan market quotation rate (LPR) published by the National Interbank Funding Center authorized by the People's Bank of China is 3.45% for 1 year and 4.2% for five years and above. According to the adjusted LPR, the first interest rate in Hefei is 4.0%, and the second interest rate is lowered to 4.75%.