Seven cities introduced new provident fund policies.
Wuhan: the amount of loans available to specific groups has increased, and it is not restricted by household registration.
On February 7th, Wuhan Housing Provident Fund Management Center issued a notice to provide preferential policies for medical staff and staff involved in epidemic prevention and control in Wuhan to use housing provident fund within a certain period of time.
Among them, the maximum loan amount can be increased by 1.2 times, that is, the maximum loan can reach 840,000 yuan. The eligibility for loan application will be adjusted from the deposit of housing provident fund for not less than 6 months to the deposit of housing provident fund from the next month.
Hengyang, Hunan: The loan amount should consider the deposit base and repayment ability.
On February 14, Hengyang issued a document to promote the stable and healthy development of the local real estate market.
In terms of housing provident fund, it is required to speed up the progress of mortgage loans. If the development project obtains the pre-sale permit of commercial housing and the progress of housing image reaches 1/5, individual housing provident fund loans can be issued after the pre-mortgage is in place. Adjust the policy of using provident fund. The implementation of differentiated support policies has shortened the processing time of mortgage loan projects of A-level credit enterprises by 30%; For projects with land mortgage, after the risk assessment is controllable, access and lending can be handled after the enterprise commitment is implemented.
The relevant person in charge of Hengyang Housing Provident Fund Management Center said that the implementation of differentiated loan policy has better protected the rights and interests of employees who have paid housing provident fund. On the one hand, rights and obligations are compatible. Workers who pay housing provident fund have a long deposit time, a high proportion and a large deposit base. Naturally, the amount of housing provident fund loans they enjoy has also increased accordingly; On the other hand, the loan amount is linked to individual repayment ability. In addition to considering the fund management and operation risks of the housing provident fund itself, it also aims to guide citizens to plan funds scientifically and reasonably, avoid excessive consumption in advance, and purchase houses rationally to ensure that the housing provident fund meets citizens' housing needs.
Zhumadian, Henan: The down payment ratio of the first suite is lowered to 20%.
On February 2 1 day, Zhumadian issued a document to raise the maximum loan amount of housing provident fund from 450,000 yuan to 500,000 yuan; The minimum down payment ratio of the first home loan will be reduced from 30% to 20%, and the down payment ratio of the second home loan will remain unchanged at 30%.
This is the first city to announce a reduction in the down payment ratio of provident fund loans to purchase the first home during the COVID-19 epidemic, which has aroused widespread concern in the industry.
For the down payment ratio reduction policy, Yan Yuejin, research director of the think tank center of Yiju Research Institute, pointed out that this reflects the support for first-time home buyers. In fact, adjusting the down payment ratio policy is a powerful "warm property market" policy. Similar to the downward adjustment of the down payment ratio, it can well stimulate the demand for home purchase. It is expected that similar policy effects will be gradually released from March, and the housing transaction market is expected to improve, which has a very good direction for destocking and stabilizing the property market.
Zhang Dawei, chief analyst of Zhongyuan Real Estate, believes that Zhumadian is not a first-and second-tier city, but a representative of third-and fourth-tier cities, and the actual impact of reducing the down payment ratio is limited. However, this policy has had a great psychological impact. Adjusting the down payment policy of provident fund is by far the most important policy, which means that the rescue policy has entered the second stage and started to stimulate demand.
Zhang Dawei further explained that according to the online signing data of Zhumadian, the average signing amount of a single commercial house is about 780,000, which means that if the loan is 500,000, the average down payment needs 35%, and the 20% down payment loan of 500,000 can only buy the property with a total price of about 620,000, so the direct impact is relatively limited.
Nanning, Guangxi: The provident fund can buy two suites.
On February 23, the website of Nanning Housing Provident Fund Management Center issued a notice saying that eligible employees and families are allowed to apply for housing provident fund loans when purchasing a second house with a construction area of 1.44 square meters (inclusive), and the down payment ratio should be no less than 40%.
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Dongguan, Guangdong: The maximum amount will increase by 20%, and it can be loaned for 30 years.
On February 26th, the official document of Dongguan Housing Provident Fund Management Center pointed out that the longest loan period of the provident fund was uniformly set at 30 years, and the maximum loanable amount was increased by 20%. The maximum loan amount for the first suite was 6,543,800 yuan, and the maximum loan amount for the second suite was 800,000 yuan. Commercial loans can be converted into provident fund loans in part or in whole.
Dongguan Housing Provident Fund Management Center said that since 20 1 1 tried out the business-to-public loan, the requirement for the business-to-public loan is that it must be converted into a pure provident fund loan. After this optimization, employees can convert part or all of their commercial loans into provident fund loans, and they are no longer required to be pure provident fund loans. This will open the door for employees who cannot pay off part of the loan balance between commercial loans and provident fund loans, and it is of practical significance for employees who did not meet the conditions of provident fund loans in the early days but can now apply for business transfer.
Yan Yuejin pointed out that the increase in the loan amount has increased the subsequent provident fund loan amount of some buyers, making them more capable of buying houses, which will help ensure the demand for improved home purchases.
Beijing: Rent a house to withdraw the provident fund, and determine the amount according to the actual rent.
On February 27th, Beijing Housing Provident Fund Management Center issued a notice, clarifying that housing provident fund payers were affected by the COVID-19 epidemic. Before June 30, 2020, if he applies for renting a house by providing the lease contract, invoice or lease record number, the withdrawal amount will be determined according to the lower of the monthly deposit amount and the monthly rent amount, and will be determined according to the actual rent amount paid by the employee, regardless of the monthly deposit amount.
Fuzhou, Jiangxi: The maximum loan amount will be increased by 654.38 million yuan in stages.
On February 27th, Fuzhou issued a notice saying that employees who meet the conditions of housing provident fund loans in Fuzhou will purchase new commercial housing and the contract filing time will be from March (house payment) +0 to June 30th, 2020, and the maximum amount of housing provident fund loans will be increased to 600,000 yuan in stages. In July 1 day, it will be restored to the current maximum amount of 500,000 yuan.
In addition to the adjustment of local provident fund in housing and renting, on February 3, the Housing Fund Management Center of the central state organs published a notice on the website, which included novel coronavirus in the scope of housing provident fund for serious illness, and patients could withdraw their own housing provident fund for medical expenses.
The tone of "housing and not speculating" remains unchanged.
Recently, many places have issued policies to stabilize the property market. Among them, reducing the down payment ratio is considered to stabilize real estate from the demand side, which also triggered the market's daydream about relaxing the loan policy. However, the recent voices from many departments all show that the tone of "staying in the house and not speculating" remains unchanged.
According to public reports, in addition to Zhumadian reducing the down payment ratio of the first home provident fund loan, Zheshang Bank reduced the down payment ratio of the first home in non-restricted cities to 20%. Later, there were rumors that Shaoxing ICBC and Shenzhen Construction Bank "reduced the down payment for second homes" and were subsequently rejected.
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Ke Rui Research Center believes that Zheshang Bank has a strong demonstration significance, but mainstream cities are less likely to follow suit. In the future, it is not excluded that banks in other cities will continue to follow up and relax, but they will all change at the operational level, which is consistent with the existing "loan restriction" policy system.
Since February, many departments have voiced their voices in the real estate field. On February 16, Liu Kun, Minister of Finance, issued a document pointing out that we should adhere to the orientation of "living without speculation", implement a long-term real estate management mechanism, carry out in-depth work such as the central government's support for the development of the housing rental market and the transformation of old urban communities, and promote the improvement of the basic housing security system.
On February 17, Peng Kong, chief statistician of the Urban Department of the National Bureau of Statistics, interpreted the statistical data of the changes in the sales price of commercial housing in June, saying that in June, all localities adhered to the positioning that houses were used for living, not for speculation, and did not regard real estate as a short-term means to stimulate the economy, fully implemented the main responsibility of cities, and the real estate market remained generally stable.
On February 19, the central bank issued the Report on the Implementation of Monetary Policy in China in the Fourth Quarter of 20 19, which pointed out that we should stick to the position that houses are used for living, not for speculation, and accelerate the establishment of a long-term management mechanism for real estate finance in accordance with the basic principle of "taking measures according to the city", and do not use real estate as a short-term means to stimulate the economy.
On February 25th, Xiao Yuanqi, spokesperson of China Banking Insurance Association, said that the current real estate financial policy has not been adjusted or changed, and it is still "one city, one policy". According to local conditions, local governments can make their own arrangements without violating the general policy framework. He said that the China Banking and Insurance Regulatory Commission will also conduct dynamic monitoring on real estate financing.
In this regard, the Ke Rui Research Center said that this shows that the central government's determination to regulate real estate will not be fundamentally changed due to the short-term epidemic pressure, and the main tone of the policy of "housing and not speculating" has not changed. (Zhongxin Jingwei APP)