Recently, the reporter visited a number of bank outlets and found that the mortgage interest rates in first-tier cities such as Beishangguangshen and Shenzhen were temporarily stable, and the trend of mortgage tightening mainly appeared in second-and third-tier cities. Not only is the mortgage interest rate higher, but the down payment ratio of the second home loan has also increased. At the same time, a number of banks said that the current bank quota is tight and the lending speed is slow, and some banks even directly suspended the mortgage business.
first-tier city
The overall mortgage interest rate remained stable.
Recently, Rong360 Data Research Institute released the China Mortgage Market Report in September 2020. The report mainly selects the sample data of 674 branches of 66 banks located in 4/kloc-0 key cities in China for statistical monitoring and analysis. According to the data, in September 2020 (the data collection period is from August 20th, 2020 to September 8th, 2020 1BP), the national average interest rate of the first home loan was 5.24%, and that of the second home loan was 5.55%, down1BP from the previous month. It is worth noting that this is the ninth consecutive month that the average interest rate of the first and second home loans in China has been lowered.
According to the monitoring data of Rong 360 Big Data Research Institute, in September, the average interest rate of the first home loan in 18 city decreased month-on-month, and the decline in Changchun and Suzhou exceeded10bp; ; The loan interest rates of seven cities rose month on month. Among the first-tier cities, Beishang and Shenzhen continue to maintain their previous mortgage interest rates. The overall interest rate of the first home loan in Guangzhou decreased 1BP, while the second home loan interest rate remained unchanged.
According to the reporter's investigation, the mortgage interest rates of banks in Beijing are basically based on the first set of 55 basis points and the second set of 105 basis points on the basis of LPR. According to the current LPR of more than five years (4.65%), the actual mortgage interest rate is 5.2% and 5.7% respectively.
The above statement has been confirmed by the staff of credit departments of many commercial banks in Beijing. "There is no problem with credit reporting, which is basically implemented in accordance with this interest rate standard; For individual customers with poor credit records, the interest rate will rise a little more, which varies from person to person. " A credit account manager of a state-owned bank in Haidian District said.
In terms of lending time, the personal loan managers of most banks said that the current bank quota is sufficient and the loan can be completed within one month. Some banks also said that the loan can be completed in three working days at the earliest.
"Although the overall mortgage interest rate declined slightly in September, now more and more urban mortgage interest rates have turned downward, and the interest rate inflection point of the second suite is more significant than that of the first suite." Li Wanfu, a researcher at Rong360 Big Data Research Institute, said.
In terms of the second suite, the monitoring data shows that the average loan interest rate of 15 city decreased month-on-month, and the decline was less than the first set; 1 1 The city interest rate rose month-on-month, exceeding the first set.
Among the 4 1 cities monitored by Rong360, the highest average interest rate of the first home loan in September was Wuxi 5.9 1%, and the number of LPR points was 126. In addition, the average interest rates of the first home loan in Hefei, Chengdu and Nanning are 5.88%, 5.86% and 5.84% respectively.
Some cities
Increase the down payment ratio of the second suite
Not only the interest rate, but also the down payment ratio of the second suite has changed greatly compared with the first set. The down payment ratio of second homes in Shenyang and Wuxi has been raised collectively. In some cities, the mainstream banks have previously implemented two sets of down payment levels, and most of them have been raised to the mainstream level this month.
Recently, the reporter telephoned a number of bank outlets in Wuxi as a property buyer. Among them, for the first home loan, most banks generally implement a benchmark interest rate increase of 20%; For the second home loan, most banks generally implement a benchmark interest rate increase of 30%.
The reporter also learned that although the mortgage interest rates of many banks have not been raised recently, they have begun to tighten their mortgages.
In the telephone consultation, the loan manager of a joint-stock bank in Wuxi told the reporter: "The second suite has not paid off the loan, and the down payment has increased from 40% to 60%. At the same time, the lending speed is also relatively slow. Because the limit of lending is at least 2 months, some customers who have approved loans before are all waiting in line. "
It is reported that due to PBOC's quota policy, some bank outlets in Wuxi have started to stop lending. The person in charge of another joint-stock bank told the reporter: "Since July, our bank has stopped lending, mainly because there is no quota for lending and there is a lot of backlog."
On September 6th, Shenyang Real Estate Bureau, Natural Resources Bureau, Provident Fund Management Center and other nine departments jointly issued the Notice on Further Promoting the Stable and Healthy Development of the Real Estate Market in our city (hereinafter referred to as the Notice). According to the "Notice", strictly implement the down payment ratio of individuals to purchase the first set of commercial housing, and increase the down payment ratio of the second set of commercial housing from 40% to 50%; The down payment must be paid in one lump sum, and installment payment and down payment loans are prohibited; Adjust the exemption period of individual housing transfer value-added tax from 2 years to 5 years.
After consulting some banks in Shenyang, the reporter found that some banks have raised the down payment ratio of the second suite to 50%.
Since the second half of the year, the regulatory authorities have held several symposiums on real estate work, emphasizing the need to unswervingly adhere to the positioning of "houses are used for living, not for speculation" to ensure stable land prices, stable housing prices and stable expectations.
According to the statistics of RealData, since July, 44 provinces and cities across the country have launched 6 1 real estate-related policies. Changzhou, Shenyang, Hangzhou, Dongguan, Wuxi, Shenzhen, Nanjing, Ningbo, Dalian, Chengdu and other cities 10. Policies to restrict sales and purchases have been introduced to regulate the development of the real estate market, and the threshold for loans and resale of real estate has been raised to prevent the market from overheating and further dampen investment demand.
According to the price index of new commercial housing in 70 cities published by the National Bureau of Statistics in August, the price of new commercial housing rose in 59 cities, which was the same as last month. Nine cities fell, an increase of three from last month. The number of cities with rising second-hand housing prices is 47, an increase of 2 from last month; There were 18 cities that fell, two fewer than last month.
Yan Yuejin, research director of the think tank center of Yiju Research Institute, said in an interview that it is possible to tighten interest rates, which was relatively loose before, especially the LPR has not been adjusted for several months. This is a clear signal that the period of the most relaxed market interest rate has arrived, especially in some hot cities, where house prices are rising too fast, which will inevitably tighten.
Li Wanfu, a researcher at Rong 360 Big Data Research Institute, pointed out that on September 15, the central bank continued to do more MLF6000 billion yuan at a fair price and put 230 billion yuan into the market; On September 2 1 day, the LPR quotation also maintained the previous value. In this case, the mortgage market in China may be slightly tightened under the current relatively stable trend, especially in the second home loan.