Meridian: September Meridian mortgage rate index reported at 3.18%, with room for further decline expected within the year.

Zhitong Finance APP has learned that the latest data from the mReferral Mortgage Brokerage Research Department shows that the mReferral Mortgage Rate Index (MMI) for September 2026, which reflects the actual mortgage rate level generally achievable for ordinary new mortgage customers, was latest reported at 3.18%, up slightly by 6 basis points month-on-month. Cao Deming, Chief Vice President of mReferral Mortgage Brokerage, said that in September about 25% of customers chose fixed-rate mortgage plans from major banks, with the share edging down month-on-month, and that starting from that month, the fixed rate for second-hand and remortgage cases was raised from 2.73% to 2.93%, so the MMI also rebounded slightly.