2. If there is no loan, it will be determined according to the loan market quotation (LPR), which is basically based on the newly published LPR. When the real estate market is depressed, it will be lowered on the basis of LPR, and when the real estate market is hot, it will be added on the basis of LPR.
What are the factors that affect the mortgage interest rate?
The factors that affect the mortgage interest rate include: personal credit record; Repayment ability; Working conditions; Liabilities; Current mortgage policy. It can be seen that the mortgage interest rate is restricted by many factors. When the user's comprehensive credit qualification is good, the mortgage interest rate given by the bank will be lower. Of course, the tightening of mortgage policy will also lead to an increase in mortgage interest rates. Users can choose to apply for a mortgage when the mortgage policy is loose, which can not only reduce the mortgage interest rate, but also help them pass the audit.
When will the mortgage interest rate be adjusted
The downward adjustment of mortgage interest rate is currently related to LPR. Mortgage loan is related to LPR. It is based on the latest LPR. Under normal circumstances, the dividend value will not change after it is determined, so the change of LPR will affect the adjustment of mortgage interest rate.
However, even if the lender's loan interest rate is linked to LPR, it does not mean that the reduction of LPR will inevitably lead to the reduction of mortgage interest rate. Customers need to apply for adjusting the mortgage interest rate after a mortgage interest rate change cycle. This period is at least one year.
Under normal circumstances, unless the LPR interest rate is greatly adjusted, the mortgage interest rate will not change at will. According to the regulations, the LPR interest rate is published once a month, but the adjustment time is once a year. If the bank wants to adjust the buyer's mortgage interest rate, it will generally adjust it at the beginning of each year or according to the repricing date signed in the buyer's contract. When adjusting the mortgage interest rate of buyers, the monthly payment will be calculated according to the newly agreed interest rate and local bonus points within one year.