After May, three months later, the 5-year or more LPR, as the benchmark of mortgage interest rate pricing, experienced a decline of 15 basis points< Br > < div class = "height" > < / div > the national interbank borrowing center authorized by the people’s Bank of China announced that on August 22, 2022, the quoted interest rate (LPR) of the loan market was: 1-year LPR was 3.65%, down by 5 basis points, and 5-year LPR was 4.3%, down by 15 basis points, realizing asymmetric reduction< Br > < div class = "height" > < / div > since the beginning of this year, on the basis of the reduction of 20 basis points in the medium-term loan facility (MLF), the LPR of more than 5 years has been reduced by 35 basis points, and the cumulative reduction of 1-year LPR is 15 basis points. Institutions tend to believe that there is still room for the reduction of LPR in the second half of the year< br>