LPR年内首降10个基点，百万房贷每月可省55元

Group 1 - The People's Bank of China has announced the first reduction of the Loan Prime Rate (LPR) in 2023, with the 1-year LPR decreasing from 3.1% to 3.0% and the 5-year LPR decreasing from 3.6% to 3.5%, both by 10 basis points [1][4] - The reduction in LPR is expected to lower the long-term loan costs for enterprises, stimulating investment and production expansion, thereby injecting momentum into economic growth [3][4] - The average interest rate for newly issued corporate loans in April was approximately 3.2%, and the recent LPR reduction is anticipated to further solidify this trend [3] Group 2 - The reduction in the 5-year LPR will directly impact mortgage rates, resulting in a decrease of approximately 54.88 yuan in monthly payments for a 1 million yuan mortgage over 30 years, and a total interest reduction of about 19,700 yuan [4] - Borrowers with existing mortgages will benefit from the LPR reduction during their next loan repricing date, while those who opted for fixed rates will not see any changes [4] - The LPR reduction is part of a broader set of financial policies aimed at stabilizing the real estate and stock markets, which is expected to boost market confidence and support economic recovery [4]