LPR (loan market quotation) is the loan interest rate that commercial banks execute for their best customers, and other loan interest rates can be generated by adding or subtracting points on this basis.
The centralized quotation and release mechanism of loan preferential interest rate is that on the basis of the quotation bank's independent quotation of the bank's loan preferential interest rate, the publisher is designated to calculate the quotation by weighted average, and the average quotation rate of the quotation bank in the loan preferential interest rate is formed and announced to the public.
The full name of lpr interest rate is the central bank's basic interest rate LPR, which means that the central bank takes LPR interest rate as the benchmark interest rate for loan pricing, and banks can only raise this interest rate, but not lower it.
LPR interest rate is based on 18 bank * * *, excluding a highest value and a lowest value, and then averaging.
LPR interest rate depends on the process of market supply and demand balance, which does not mean that interest rate will definitely fall. On the contrary, market-oriented pricing may lead to the decrease or increase of this interest rate.
How often is the LPR interest rate adjusted? Under normal circumstances, the LPR interest rate is announced once a month at 9: 30 on the 20th of that month, which can be inquired through the official website of the National Interbank Funding Center and the official website of the Central Bank.
In addition, buyers also need to pay attention to the benchmark interest rate, which is the guiding interest rate of loans. Generally speaking, the contract interest rate of loans provided by banks fluctuates around the benchmark interest rate.
However, the benchmark interest rate and LPR interest rate are two completely different interest rates, so buyers should pay attention to the distinction when meeting.
If the LPR interest rate falls next year, the real interest rate will also fall. On the contrary, if the LPR interest rate rises, the real interest rate will also rise.
If you expect the LPR interest rate to continue to decline in the future, then it is more appropriate to switch to the LPR interest rate. If you think that the LPR interest rate may rise in the future, then choosing a fixed interest rate will not be affected by the interest rate rise.
20 19, 10,1October 8. Personal housing loan-usually a commercial loan with a term of more than 5 years. Prior to this, the benchmark interest rate was anchored, and the benchmark interest rate was raised or discounted.
The incremental mortgage interest rate after October 8, 2065438+0919/kloc-0 anchors LPR, which is the quoted interest rate of the loan market published once a month.