At present, the one-year lpr interest rate of housing mortgage loan is 3.85%, and the five-year lpr interest rate is 4.65%. At present, the minimum mortgage loan for housing operation can be 3.75%.
According to the use in a broad sense, mortgage loans include personal consumption loans and business loans. Specifically, consumer loans can be used for car purchase, tourism, decoration, medical care, study abroad and other consumer fields, while business loans are used for commercial purposes as the name suggests.
The biggest difference between mortgage loan and mortgage loan is that mortgage loan means that buyers borrow money from banks to buy houses, while mortgage loan means that borrowers borrow money from banks for consumption or business. Such as car purchase, travel, decoration, medical treatment, study abroad or commercial use.