1 thought on “What is the interest of mortgage loans”
Annette
The latest mortgage interest rate in 2018 is: the annual interest rate of a short -term loan within one year (including one year) is 4.35%; the medium- and long -term loan interest rate of one to five years is 4.75%; the long -term loan interest rate of more than five years is 4.9% Essence With the central bank's interest rate cuts or other incidents, the mortgage loans of major banks will also fluctuate, and the interest rate will be adjusted once a year. The interest rates of mortgage loans of each bank are different, and the application difficulties are different. [Legal basis] "Provisions on the Supreme People's Court on the Application of Laws on Civil Loan Cases" : %, If the lender requests the borrower to pay interest in accordance with the agreed interest rate, the people's court shall support it. The interest rate agreed by the borrowing parties exceeds 36%of the annual interest rate, and the interest agreed on the partial interest is invalid. If a borrower requests the interest that the borrower has paid more than 36%of the annual interest rate, the people's court shall support it.
The latest mortgage interest rate in 2018 is: the annual interest rate of a short -term loan within one year (including one year) is 4.35%; the medium- and long -term loan interest rate of one to five years is 4.75%; the long -term loan interest rate of more than five years is 4.9% Essence With the central bank's interest rate cuts or other incidents, the mortgage loans of major banks will also fluctuate, and the interest rate will be adjusted once a year. The interest rates of mortgage loans of each bank are different, and the application difficulties are different.
[Legal basis]
"Provisions on the Supreme People's Court on the Application of Laws on Civil Loan Cases"
: %, If the lender requests the borrower to pay interest in accordance with the agreed interest rate, the people's court shall support it. The interest rate agreed by the borrowing parties exceeds 36%of the annual interest rate, and the interest agreed on the partial interest is invalid. If a borrower requests the interest that the borrower has paid more than 36%of the annual interest rate, the people's court shall support it.