LPR with a term of more than 5 years is now the largest decline in history, and the first home loan Intrerest Rate in Long city will enter the "3 era"

Sina Financial News On February 20, the Central Bank announced the latest loan market Intrerest Rate (LPR), the 1-year LPR remained unchanged at 3.45%, and the 5-year LPR was reduced by 25 basis points to 3.95%. "The LPR has been cut by 25 basis points at one time, the largest reduction on record in history, and the largest reduction in the past was only 15 basis points. Li Yujia, chief researcher of the Housing Policy Research Center of the Guangdong Provincial Urban Planning Institute, pointed out. Yan Yuejin, research director of the E-House Research Institute, believes that the reduction of the LPR for more than 5 years for the first time in Long months has created positive conditions for the easing of the macroeconomic and monetary and financial environment this year, and has a positive effect on the improvement of the economic situation and environmental optimization this year.