Banks cut mortgage interest rates and buy houses. The central bank announced that the loan interest rate will be lowered by 20 basis points, which means that the LPR ceiling of major banks will be lowered by 20 basis points. Now, the five-year LPR is 4.6%, which means that the loan interest rate will drop to 4.4%. Don't underestimate the interest rate cut of 20 basis points. If everyone can lower the loan interest rate by 20 percentage points than LPR, the accumulated loans in 20 or 30 years will be an astronomical figure.

We compare the LPR interest rate with the benchmark interest rate by 20 basis points.

For example, you can borrow/kloc-0,000,000, with equal interest for 30 years.

If it is LPR, then according to the current 4.6%, the 30-year interest is 845,500 yuan, and the monthly repayment amount is 5 124.44 yuan.

If the LPR benchmark interest rate is lowered by 20 basis points, the total interest within 30 years will reach 802,700, and the monthly repayment amount will be 5007.8+000.

In other words, LPR is reduced by 20 basis points, that is, the average interest rate is reduced by 53,000, and the loan is repaid every month 120 yuan.

Of course, this is not a fixed figure, because the interest rate will fluctuate with the change of LPR, but regardless of the interest rate, the interest rate will drop by 20 basis points.

In other words, within 30 years, for every 20 basis points reduction in LPR, the interest will be reduced by 40,000-50,000 pounds.

The interest of 40,000 yuan may not be very high for the rich, even the monthly salary is 40,000 to 50,000, but for most families, 40,000 to 50,000 is enough for them to build a house.

Therefore, after the mortgage interest rate is lowered, I think some people will be eager to buy a house.

Will the mortgage interest rate be reduced? It can be clearly told that no matter what the current bank loan interest rate policy is, no matter how much the interest rate drops, it has nothing to do with stock loans.

At present, LPR is lowered by 20 basis points, which is limited to new mortgage loans, that is, mortgage loans after the central bank announced this news. As long as the bank is willing to reduce 20 basis points, the customer's mortgage interest rate can reach the same level.

But for those who have already completed the mortgage, no matter how many years their mortgage has been, they must pay it back at the original interest rate.

The above is a detailed answer to the phenomenon that banks buy houses by lowering the mortgage interest rate and whether the mortgage interest rate will be lowered. The loan interest rate will be lowered by 20 basis points, which means that the LPR ceiling of major banks will be lowered by 20 basis points.