For property buyers, the reduction of mortgage interest rate is indeed a good thing. On the one hand, it can save the purchase cost of more than 10 million yuan, on the other hand, it also shows that the bank has sufficient loan funds, and the threshold for buyers to apply for loans can be lower. Of course, the decline in mortgage interest rates also means that banks will lend faster. Property buyers who have been holding a wait-and-see attitude before may consider entering the market when the mortgage interest rate falls.
It should be noted that although banks have relaxed in all aspects, the qualification requirements for property buyers are still relatively high when applying for loans. If the buyers themselves are not qualified enough, I suggest you wait for a while before applying for a mortgage to avoid the credit record caused by the rejection of the loan.
There are a lot of properties to sell, so they will be sold in advance. Generally, this kind of pre-sale will give a certain discount to attract buyers, which can probably provide a discount of 2-5 points. Combined with other preferential measures, the pre-registrant may even get a discount of more than 10% lower than the public sales price. And another advantage of this method is that the earlier you register, the more likely you are to choose your favorite apartment and floor.