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How much is the latest mortgage interest rate of China Bank in Hohhot?
The mortgage interest rate refers to the loan with real estate in the bank, and the interest on the loan shall be paid according to the interest rate stipulated by the bank. The mortgage interest rate in China is uniformly stipulated by the People's Bank of China, and all commercial banks can float within a certain range. The mortgage interest rate in China is not constant all the time, but changes frequently, in the form that the interest rate has been rising, so the situation before and after the interest rate increase is often compared
On June 7, 212, the central bank issued an urgent document to commercial banks, requiring that the lower limit of the floating range of interest rate for individual housing loans by commercial banks should still be .7 times of the benchmark interest rate. Commercial banks will implement the new interest rate: if the loan term is more than one year, the loan interest rate will be adjusted once every January 1, and if the benchmark interest rate is not adjusted during the loan term, the loan interest rate will not be adjusted. In March 217, Beijing 16 Bank cancelled the 1% discount on the first home loan interest rate, and the first home loan interest rate was adjusted to 9.5%.
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