1. Related introduction of fixed interest rate: The fixed interest rate is stipulated by the state, which is an interest rate that is not affected by changes in the average social profit rate and the supply and demand of funds in a certain period of time. The interest rate stipulated in the loan contract remains unchanged throughout the loan period. In the loan business for more than one year, the loan contract often stipulates an interest rate standard agreed by the borrower and the borrower to calculate interest, which is called the loan fixed interest rate. For example, international medium-and long-term export credit calculates interest on the money withdrawn or loan balance during the whole loan period according to the unified interest rate stipulated by the Organization for Economic Cooperation and Development when signing the contract.
2. Examples of fixed interest rates: For example, the "fixed interest rate housing loan" launched by Nanjing Branch of China Everbright Bank has four interest rate grades, and the structured fixed interest rate products launched by China Merchants Bank have six grades, and some grades can implement different interest rate standards in stages. For example, for a five-year fixed-rate mortgage, one interest rate can be fixed two years before the loan, and another interest rate can be implemented three years later. The three fixed mortgage interest rates for three years, five years and 10 years are set at 5.9 1%, 6.03% and 6.39% respectively, so as to avoid the phenomenon of excessive repayment pressure for citizens who have just paid the down payment.
According to industry insiders, for banks, the set interest rate is low, and all market risks will be concentrated in banks. Once the interest rate rises, the bank's capital cost is high and the loss is inevitable; If the interest rate is set on the high side, it is difficult for customers to accept it, and business cannot be carried out at all. For customers, it is a process of deeply understanding and frankly facing financial risks, especially interest rate risks. Therefore, the fixed mortgage interest rate is suitable for investors who have accurate plans for future expenditures or have their own understanding of future interest rate changes.
3. Overview of fixed interest rate: According to whether the interest rate level changes during the loan relationship of monetary funds, interest rates can be divided into fixed interest rate and floating interest rate. Fixed interest rate refers to the interest rate that does not adjust with the change of price or other factors during the whole loan period. Fixed interest rate is convenient for borrowers and borrowers to conduct economic accounting under the background of stable prices, and can provide more certain financing cost expectations for microeconomic entities. However, if there is serious inflation, the fixed interest rate is good for borrowers and bad for lenders.