【3.71%! New individual housing loan interest rates issued for the first time lower than corporate loan interest rates】

Data from the central bank shows that the weighted average interest rate for new corporate loans in March was 3.75%, down 1 basis point from the previous month and 22 basis points from the same period last year; the interest rate for new individual housing loans was 3.71%, down 15 basis points from the previous month and 46 basis points from the same period last year, both at historical lows. The current 5-year LPR offer is 3.95%. The above data indicates that the weighted average interest rate for new individual housing loans is lower than the weighted average interest rate for new corporate loans for the first time on record, and with more and more cities recently canceling the lower limit on interest rates for first-time commercial individual housing loans, the weighted average interest rate for new individual housing loans is expected to further decrease in the future.