Under the influence of the latest mortgage interest rate restriction policy, the interest rates of the first home loan of local banks have been lowered to varying degrees. At present, the interest rate of the first home loan in China has reached 5.38%, while the current interest rate is between 5% and 20%. The interest rate of the second home loan will generally rise by 10-30 percentage points.
At present, the national benchmark interest rate for housing provident fund loans is 3.25%, and the interest rate for second-home loans is generally raised by 10%.
The mortgage amount of the second house is calculated according to the borrower's family (including the borrower, his spouse and minor children). Households who buy houses through provident fund and commercial loans can be regarded as second mortgages when they apply for second mortgages.
How will the increase in mortgage interest rate affect housing prices? First of all, it is not a good thing for families and speculators who just need it, which means that the cost of buying a house will rise. When they buy a house, their monthly loans will increase, and the pressure of repaying loans will also increase. The most direct effect of this move is to reduce the willingness of buyers to buy houses, which is conducive to curbing the rise in housing prices.
In the short term, the increase of bank mortgage interest rate and the slow growth of house price will help to control the over-investment in real estate. In the long run, if the mortgage interest rate remains unchanged, the house price can also remain unchanged, which is conducive to rigid demand. Of course, the price trend is determined by many factors, such as population movement, local property market policy, currency depreciation and so on, which are uncertain.
The above are the answers to the latest interest rate of the first home loan in Chengdu, the latest mortgage interest rate, and the impact of the increase in mortgage interest rate on housing prices and related questions. I hope my answer will satisfy you and provide some ideas for your question.