1. When the economic development is in the growth stage, the investment opportunities of banks increase, the demand for loanable funds increases, and interest rates rise; On the other hand, when the economic development is sluggish and the society is in a depression period, the willingness of banks to invest is reduced, and the demand for loanable funds is naturally reduced, and the market interest rate is generally low.
2. The annual interest rate refers to the deposit interest rate for one year. The so-called interest rate is the abbreviation of "interest rate", which refers to the ratio of interest amount to deposit principal or loan principal in a certain period of time. Usually divided into annual interest rate, monthly interest rate and daily interest rate. The annual interest rate is expressed as a percentage of the principal, the monthly interest rate as a percentage, and the daily interest rate as a percentage.
How to choose the loan correctly;
1. Loan interest rate discount
For example, when buyers apply for mortgages, the first thing to compare is the discount of loan interest rates of various banks. At present, the benchmark interest rate for loans over five years stipulated by the central bank is 4.9%. In different cities, different banks can set different interest rate discounts according to specific conditions.
2. Priority threshold
The loan threshold of each bank is different, and the preferential threshold is naturally different. Some banks will require lenders to deposit a certain amount in the bank, or the proportion of the loan amount to the total house payment. , to give the applicant a certain interest rate concessions. At this time, it is best for buyers to do their homework in advance and understand the regulations of various banks. Especially when buying a second-hand house, you should pay more attention. Some banks may require that the age of second-hand houses applying for loans should not exceed 20 years, or even 10 years.
3. Adjustment method
At present, the main interest adjustment methods followed by banks are: the next year's interest adjustment and the monthly interest adjustment. Next year's interest adjustment means that after the central bank announced the adjustment of loan interest, banks can start to implement it from the next year's date of 65438+ 10/,while the monthly interest adjustment requires the implementation of the new benchmark interest rate from the month after the central bank adjusted the interest rate. There is also a fixed interest rate, and some banks can stipulate that the interest rate will not be adjusted with the provisions of the central bank when signing a contract with the applicant. Different banks have different regulations on the above three interest rate adjustment methods.