On August 22, the people's Bank of China authorized the national inter-bank lending center to release the latest quoted interest rate (LPR) of the loan market: the one-year LPR was 3.65%, 5 basis points lower than the previous value; The LPR over 5 years was 4.3%, down 15 basis points from the previous value. On the first day of LPR reduction, banks in many places promptly followed up to reduce the housing loan interest rate. The housing loan interest rate of the first suite in Beijing, Shanghai, Guangzhou and Shenzhen all dropped below 5%, and the housing loan interest rate in many places was reduced to 4.1%. Yesterday, Shanghai Securities News visited many branches and outlets of banks and learned that commercial banks in Suzhou, Nanjing, Chongqing, Changsha, Fuzhou, Nanchang, Tianjin and other places have timely reduced the interest rate of the first house loan to 4.1% according to relevant policies. "As soon as the LPR data came out, we lowered the mortgage interest rate. At present, the interest rate of the first home can be reduced to 4.1%." Said the customer manager of a joint-stock bank in Nanjing. "At present, the amount of bank loans is sufficient and the lending cycle is short. Basically, the lending can be completed in one week." Said a customer manager of China Merchants Bank Suzhou Branch. A real estate agent in Suzhou said that the current loan interest rate of the first house is at a historical low, which is very attractive to some new buyers. For those who want to buy homes in the second half of the year, Yan Yuejin, research director of the think tank center of E-House Research Institute, said that the reduction of the mortgage interest rate and the reduction of the down payment ratio have ushered in the best window period of "reducing house prices, down payment and interest". The reduction of LPR has also driven the housing loan interest rate of the first tier cities to further drop, and the first home loan interest rate of Beijing, Shanghai, Guangzhou and Shenzhen has entered the "4" range. Taking Beijing as an example, at present, the interest rate of the first house loan of the bank is 55 basis points on the basis of LPR over 5 years. "Following up the LPR reduction, the interest rate of the first house loan of the banks in Beijing has generally dropped to 4.85%." The customer manager of a joint-stock bank in Beijing said that this is the first time that the interest rate of Beijing's first house loan has returned to the "4" range since the LPR bundled the house loan interest rate. Bank of China, industrial and Commercial Bank of China, Bank of communications, China Merchants Bank, etc. in Shanghai have all completed the reduction of the housing loan interest rate, from the previous 4.8% to 4.65%. The latest adjusted housing loan interest rate will be implemented from August 22. Most banks in Guangzhou and Shenzhen also "refreshed" the interest rate of the first house loan. The first home loan interest rate of most banks in Guangzhou generally dropped to 4.3%, and that of most banks in Shenzhen fell from 4.75% to 4.6%. (news agency)