The course of mortgage interest rate changes in China in recent years

In September 28, the central bank announced that it would lower the benchmark interest rate of loans, and the benchmark interest rates of other maturities and grades would be adjusted accordingly. After adjustment, the benchmark interest rate for five-year and above mortgages is 7.74%, which is equivalent to 6.58% after preferential treatment. If the citizens have applied for a mortgage and are in the normal repayment stage, the mortgage will be implemented at the new loan interest rate from January 1 next year.

in October p>215, it was lowered to, and it still remains at the lowest level since the founding of New China.

in p>22, the benchmark "annual interest rate" of individual (RMB) loans for -1 years (including 1 year) announced by the People's Bank of China is 4.35%; The benchmark "annual dao interest rate" for 1-5 years (including 5 years) is 4.75%; The benchmark "annual interest rate" for five years is 4.9%.

Extended information:

Commercial banks will implement new interest rates: from January 1, 213, mortgage borrowers can reduce their pressure. However, each commercial bank can float within a certain range. The mortgage interest rate in China is not constant all the time, but often changes. The form is that the interest rate has been rising, so we often compare the situation before and after the interest rate increase.

current benchmark interest rate current preferential interest rate before benchmark interest rate adjustment

1-year fixed-rate loan 8.613%6.93%7.953%7.99%

2-year fixed-rate loan 8.811% 7.58% 8.121% 7.246%

5.76-year floating-rate loan. 94%4.158%6.98%4.35%

Mixed interest rate loans with a fixed term of three years 7.2%6.12%8.41%7.69%

Mixed interest rate loans with a fixed term of five years 7.29%6.66%8.121%.