The Zhitong Finance App learned that according to the latest data from the Meridian Mortgage Referral Research Department, the Meridian Mortgage Interest Rate Index (MMI) reported 3.12% in August, down 5 points from month to month, a record low in 14 months, reflecting a decline in the actual mortgage level of new mortgage customers in the market. Cao Deming, chief vice president of Meridian Mortgage Referral, said that in August, 30% of customers chose the 2.73% fixed rate mortgage plan of large banks, causing MMI to fall to a low level of more than a year.

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