What's the mortgage interest rate?
Since the central bank cut interest rates on 20 17 and 10 in June, the benchmark interest rates currently implemented by banks are: the interest rate for loans with a term of less than one year (including one year) is 4.35%; The interest rate for one year to five years (including five years) is 4.75%; More than five years is 4.90%. In 20 18 years, banks will also implement this benchmark interest rate.
At present, the benchmark interest rate for commercial loans with a loan term of more than 5 years is 4.90%. Due to the policy of restricting purchases and loans, local banks have different efforts to adjust the interest rate of the first home loan. According to the latest data from Bank Information Port, the average interest rate of the first suite in China is 5.38%, and the interest rate generally rises by 5%-20%. The interest rate of the second home loan generally rose 10%-30%. During the same period, the benchmark interest rate of provident fund loans was 3.25%, and the interest rate of second-home loans generally rose 10%.
The second suite is defined as the second suite where the borrower's family (including the borrower, spouse and minor children) determines the mortgage times and has used provident fund loans or commercial loans to purchase houses.
Five hidden rules of buying a house by loan
1. Those who accept higher loan interest rate will be given priority.
Although the central bank has released water many times this year, banks have not relaxed their control over mortgage business. On the one hand, guided by the trend of monetary policy, banks should support the development of real economy such as small and micro enterprises; On the other hand, MPA assessment is limited, and the proportion of mortgage business needs to be controlled within a certain range to prevent illegal funds from entering the property market.
The amount allocated to the mortgage is so much, but the bank should also make a profit, and the loan interest rate is an important way for the bank to obtain income. Therefore, some banks will give priority to customers with high interest rates, and such customers will lend faster.
2, the monthly income reaches a certain amount can be exempted from paying wages.
Not only that, banks will also screen high-quality customers when issuing loans. So, what is a quality customer? High-quality customers are mainly reflected in credit information, income, occupation and so on. Usually, the general requirements of banks for borrowers are: 1) Good credit information and no overdue records are the premise. 2) The basic requirement of monthly income is twice that of monthly payment. 3) Stable job and income.
If you want to be a quality customer, you may need to meet higher income and professional requirements on the premise of good credit information. For example, the bank stipulates that "the monthly income of state-owned enterprises, civil servants, institutions and top 500 employees is below 30,000", and you can apply for a loan only by providing proof of income, without providing salary.
To apply for mortgage loan, you must apply for a credit card.
In addition, according to the Securities Daily, individual banks stipulate that property buyers should apply for the credit card of the lending bank at the same time when applying for mortgage. You can choose your own type of credit card, you don't have to open it, but you can't cancel it in the near future. Do I have to apply for a credit card to apply for a mortgage? We can still understand that banks are worried about their own profits. Some banks distribute credit card business to various credit managers, and loan officers are forced to recommend credit cards to lenders under performance pressure.
4. Apply for portfolio loans at designated banks.
In another case, because of limited funds, property buyers have to apply for additional commercial loans in addition to provident fund loans, that is, to buy a house through portfolio loans. However, some banks stipulate that when applying for portfolio loans, provident fund loans and commercial loans should be in the same bank and cannot be combined across banks. The reason is that when applying for provident fund loans, the house needs to be mortgaged to the loan bank, and when applying for commercial loans, the house also needs to be mortgaged. The same house cannot be mortgaged to two banks at the same time.
5. Interest rate difference between real estate.
When buying a new house, the interest rate of the same bank in different properties may also be different. Banks and properties are cooperative. How much the interest rate rises depends on how many customers there are and how much income the property can bring to the bank. After all, only mutual benefit can be maximized.
Of course, the above situation is not the same for all banks, but also depends on the relevant business of banks. The floating interest rate of bank loans makes more and more buyers pay higher and higher capital costs. When applying for a loan, you should pay attention to the specific procedures and make an agreement with the bank on related matters.
(The above answers were published on 20 18-08-07. Please refer to the current actual purchase policy. )
When buying a new house, go to Sohu Focus.