the contract will be issued after the approval of the bank, and it can be modified in theory before signing the contract. But in practice, the bank should cancel the loan here and re-approve a loan. This operation is very difficult, because everyone in the approval chain must recognize the modification of interest rates.

This year, it is not a question of whether the interest rate is high or not, but whether there is a quota. Many banks bid for interest rates, and the interest rates line up from high to low. When there is a quota, the interest rate is raised first, and then the interest rate is lowered.