LPR迎年内首降，如何影响房贷？

Core Viewpoint - The Loan Prime Rate (LPR) has been lowered for the first time in 2025, with the one-year LPR at 3.00% and the five-year LPR at 3.50%, both down by 10 basis points from previous levels [1][3]. Group 1: Impact on Financing Costs - The reduction in LPR is expected to lower financing costs for both enterprises and residents. For instance, a 10 basis point decrease in LPR would reduce the monthly payment by approximately 54 yuan and the total repayment amount by around 20,000 yuan for a 1 million yuan mortgage over 30 years [3]. - The recent reduction in public housing loan rates by 0.25 percentage points may create a favorable environment for further adjustments in commercial housing loan rates, thereby reducing the overall cost for homebuyers [3]. Group 2: Market Expectations and Reactions - The market had anticipated this adjustment, following the central bank's announcement of comprehensive "interest rate cuts" measures, including a 10 basis point reduction in the 7-day reverse repurchase rate and a 0.5 percentage point reduction in the reserve requirement ratio [4]. - Major banks, including Industrial and Commercial Bank of China and Agricultural Bank of China, collectively lowered deposit rates across various products, with the one-year fixed deposit rate reduced by 15 basis points to 0.95% [4]. Group 3: Future Outlook - Analysts suggest that if policy rates and deposit rates continue to decline, there remains potential for further reductions in LPR, with future adjustments needing to balance multiple economic objectives [6].