Because the benchmark loan interest rate before the national decision will be changed from LPR to LPR+ basis points, it will be adjusted once a month and the loan interest rate will be adjusted in time, which is more in line with the actual situation. Therefore, it is necessary to change the original loan benchmark interest rate contract into a mortgage loan contract with LPR pricing mode in order to comply with the policy and cooperate with the policy-oriented implementation.

Secondly, the modification time is only 6 months, and it can only be changed once. We should cherish it in terms of time and frequency. If we miss this opportunity, there will be no chance to switch to LPR pricing mode in the future.

Precautionary measures of floating interest rate

Banks should make a work plan to convert the existing commercial personal housing loan pricing benchmark as soon as possible, including system support and personnel training. At the same time, inform customers through various channels (including official website, network announcements, short messages, emails, mobile banking, telephone notifications, etc.). ) and on the premise of mutual agreement, change the original contract terms in a simple and easy way as far as possible.

Because the time and method of interest rate conversion are closely related to the rights and interests of borrowers. Therefore, borrowers should also pay attention to the announcements issued by the central bank and related news trends in a timely manner. Although this belongs to the professional knowledge in the financial field, the borrower is also the main body of the loan contract, so it is necessary to understand the policy trends.

Refer to Baidu Encyclopedia-Floating Interest Rate for the above contents.