Can the bank inform you not to change the interest rate?

Of course. According to the arrangement of the bank, March 1 to August 3 1 in 2020 is the working time for interest rate conversion. If the user does not actively confirm through the above channels before July 3 1 day, the bank will convert by default according to the floating rate pricing mode adjusted on June 3 1 0/day every year, that is, all customers who do not actively convert will be forced to convert to LPR mode.

This interest rate conversion is divided into LPR interest rate mode and fixed interest rate mode. The interest rate converted into LPR is based on the LPR interest rate in February 20 19, and the number of points (or deductions) remains unchanged during the contract period. For example, if your mortgage interest rate is 5.39% (interest rate rises 10%), it will be converted into LPR.

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.

Therefore, it is best to choose the interest rate method that suits you according to your own judgment. If you have not taken the initiative, the bank will default to the LPR floating interest rate method, which cannot be changed.