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Is CCB's mortgage interest rate going up or down after adjustment?
After the adjustment, CCB's mortgage interest rate was lowered.

In 2023, China Construction Bank issued an announcement on lowering the interest rate of the first home loan. For example, if the current loan interest rate is 5. 1% and LPR is 4.2%, the loan interest rate is determined by LPR+90, that is, 4.2%+0.9%. According to the relevant rules, assuming the implementation level of the first housing loan interest rate is LPR+ 10, the interest rate will be lowered by 80 points (that is, 90 points-10), that is, the loan interest rate will be adjusted from the current 5. 1% to 4.3%. Therefore, CCB's mortgage interest rate is lowered after adjustment.