LPR Trend In Real Estate Loan Market
LPR trend since the same period last year 0% 20% 40% 60% 80% 100% 19M8 19M9 19M10 19M11 19M12 20M1 20M2 20M3 20M4 20M5 20M6 20M7 20M8 87% 86% 87% 86% 86% 87% 84% 84% 78% 81% 82% 83% 83% 100% 100% 100% 96% 96% 96% 95% 95% 95% 96% 96% 96% 95% LPR（1 year） LPR（5 year） Starting from October 8, 2019, the newly issued commercial personal housing loan interest rate will be formed based on the price quoted rate of the corresponding period of the loan in the most recent month. The added value should meet the requirements of national and local housing credit policies, reflect the loan risk status, and be fixed within the contract period. The interest rate of the first set of commercial personal housing loans shall not be lower than the quoted interest rate of the corresponding term loans, and the interest rate of the second set of commercial personal housing loans shall not be lower than the quoted interest rate of the corresponding term loans plus 60 basis points. The mortgage interest rate is linked to LPR, which makes the first and second home loan interest rate trend highly correlated with LPR. In July, the national first home loan interest rate was the same period of 5-year LPR plus 61bp, the gap narrowed 2bp month-on-month, and continued to fall since April 2020 .
publish time: 2021-03-03
This chart shows the comparison of the real estate loan market quoted interest rates this year with the same period last year. Through the line chart, you can clearly see the trend of LPR over the same period. The illustration uses gray and black color, high-end business style. Comparing LPR (1 year) and LPR (5 years), LPR (1 year) fluctuates greatly, and LPR (5 years) is stable above 95%.
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