Now buyers will go through the loan procedures in accordance with the regulations, and many people will choose mortgage loans. So which interest rate is lower, mortgage or mortgage? What's the difference between mortgage and mortgage? In order to help you better understand the relevant knowledge, I have sorted out the following contents. Let's have a look. Now buyers will go through the loan procedures in accordance with the regulations, and many people will choose mortgage loans. So which interest rate is lower, mortgage or mortgage? What's the difference between mortgage and mortgage? In order to help you better understand the relevant knowledge, I have sorted out the following contents. Let's have a look.

Which interest rate is lower, mortgage or mortgage?

The mortgage interest rate is based on the benchmark interest rate table published by the central bank, which is 4.35% for less than one year; 4.75% for one to five years; More than five years is 4.9%. Different banks have different policies on housing mortgage loans, which cannot be simply compared. Taking China Bank as an example, according to the loan term, the loan interest rate of the corresponding grade published by the People's Bank of China is implemented. But there are also banks that are higher than this ratio.