Bank mortgage interest rate in Xinxiang in 2020

4.75%. According to Xinxiang Property Market Information Network, in February 2020, the People's Bank of China announced that all banks have started to implement the mortgage interest rate of 4.75%, using LPR plus basis points. Mortgage interest rate refers to the loan with real estate in the bank, and the interest is paid according to the interest rate stipulated by the bank. China's mortgage interest rate is uniformly stipulated by the People's Bank of China, and all commercial banks can float within a certain range.