Recently, many places have relaxed the policy of buying houses.
The Securities Times reporter learned that a few days ago, Yancheng, Taizhou, Longyan and other places adjusted their housing provident fund loan policies, including raising the ceiling and reducing the down payment ratio of loans. At the same time, many banks in Guangdong Province and some banks in Hebei Province generally lowered their mortgage interest rates. In addition, Shaoxing's housing purchase restriction policy is expected to be relaxed in the near future.
It is worth noting that following the RRR cut announced on April 15, on June 18 and June 19, the central bank proposed "implementing differentiated housing credit policies to better meet the reasonable housing needs of buyers" for two consecutive days.
The industry believes that because the city policy is the main line of the current policy, it is expected that many places will continue to reduce the down payment ratio and mortgage interest rate. It is expected that with the gradual implementation of the policy, buyers' expectations and confidence in home ownership are expected to gradually stabilize, and the pace of market recovery still depends on the effective prevention and control of the epidemic and the implementation of local policies.
Adjust the provident fund loan policy in many places
On April 18, Yancheng City, Jiangsu Province adjusted the housing provident fund loan policy. Among them, if all family members meet the loan conditions, the maximum loan amount will be adjusted from 400,000 yuan to 600,000 yuan; If only one person meets the loan conditions, the maximum loan amount will be adjusted from 200,000 yuan to 300,000 yuan.
At the same time, Yancheng also resumed the second set of housing provident fund loan support policies. After the implementation of the new policy, paid employees who have settled the first provident fund loan (including loans from different places) can apply for provident fund loans again if they buy, build, renovate or overhaul their own ordinary houses. The loan interest rate is 1. 1 times the benchmark interest rate of individual housing loans of housing accumulation fund in the same period. The third and above applications for provident fund loans will not be accepted.
In addition, Yancheng also adjusted the amount of loans secured by provident fund loans. If all family members meet the loan conditions, the secured loan amount will be adjusted from 6,543,800+0.5 million yuan to 200,000 yuan; If only one person meets the loan conditions, the secured loan amount will be adjusted from 80,000 yuan to 654.38+10,000 yuan.
On the same day, Longyan City, Fujian Province further adjusted the housing provident fund use policy, in which the maximum loan amount was raised. When buying a house in the central city of Longyan, the maximum amount of housing provident fund loans for single employees is adjusted from 400,000 yuan to 450,000 yuan, and the maximum amount of housing provident fund loans for dual employees is adjusted from 500,000 yuan to 550,000 yuan. At the same time, the down payment ratio was reduced. Workers' families apply for housing provident fund loans to buy houses for the first time, and the down payment ratio is reduced to not less than 20%; The second application for housing provident fund loans to buy a house, the down payment ratio is reduced to not less than 40%. In addition, the interval of applying for the second housing provident fund loan was cancelled, the loan period was extended, and the housing provident fund off-site personal housing loan business was launched, allowing employees who bought new commercial housing to withdraw the housing provident fund to pay the down payment.
On April 19, Taizhou City, Jiangsu Province also adjusted its provident fund loan policy. The maximum amount of housing provident fund loans for dual employees will be raised from 400,000 yuan to 500,000 yuan, and the maximum amount of housing provident fund loans for single employees will be raised from 250,000 yuan to 300,000 yuan.
Chen Wenjing, director of market research in the Index Division of China Central Academy of Sciences, believes that the introduction of provident fund policies in cities aims to implement the central government's policy orientation of supporting reasonable housing demand, release potential reasonable demand and improved demand, and stabilize buyers' purchase expectations. In the future, more cities will follow up and optimize the adjustment of provident fund policies, such as reducing the down payment ratio and increasing the amount of provident fund loans.
Shaoxing may relax the purchase restriction policy.
On April 20th, there were rumors that Shaoxing was about to issue a property market liberalization policy, including:
1. Adjust the scope of purchase restriction in Shaoxing urban area (Yuecheng District, Keqiao District and Shangyu District), and no longer restrict the number of house purchases except for the "hot spots" in the three districts;
2. The time limit for the sale of new commercial housing is adjusted to 3 years after the online signing for the record, and the previous time limit for the sale is calculated from the date of obtaining the property right certificate. This means that you can trade after you get the real estate license;
3. The minimum down payment ratio for new houses in Shaoxing is lowered: the minimum down payment for the first suite is lowered from 30% to 20%; The minimum down payment for the second suite will be reduced from 40% to 30%.
In this regard, the Securities Times reporter called Shaoxing Housing and Construction Bureau for verification on April 2 1. The relevant staff replied: "We have a policy reserve of one city and one policy at any time, but the unified policies in the city have to be reported to the province. At present, we have not received the notice of the policy. "
The Securities Times reporter learned that on June 3 last year, Shaoxing issued the "Notice on Further Promoting the Stable and Healthy Development of Shaoxing Real Estate Market", referred to as "Shaosi Article".
One of them is the implementation of regional purchase restriction (the scope of purchase restriction is Shaoxing city, including Yuecheng District, Keqiao District and Shangyu District). Suspend the sale of new commercial housing to households with household registration in this city who already own 3 or more houses in the urban area (except for demolition and resettlement houses); For non-local households with/kloc-0 or more houses in urban areas, the sale of new commercial housing will be suspended.
Another is to increase the sales restriction period. Newly purchased housing in urban areas (including newly-built commercial housing and second-hand housing) can only be transferred after obtaining the certificate of immovable property rights for three years. The purchase time is subject to the online signing time of the transaction contract.
More down payment and interest rate cuts may be on the way.
Recently, mortgage interest rates have been lowered.
On April 2 1 day, it was reported that some banks in Qingyuan, Shaoguan, Heyuan, Meizhou and Yunfu in Guangdong lowered the mortgage interest rate by 10 BP to 40 BP.
On April 20th, it was reported that at present, most banks have generally lowered the mortgage interest rate in Hebei Province by 0.2%-0.3%, and some banks have lowered the mortgage interest rate by 0.5% at the highest. Some banks in Tangshan, Qinhuangdao and Baoding have gradually approached the loan market quotation (4.6%).
It is worth noting that following the RRR cut announced on April 15, on June 18 and June 19, the central bank proposed "implementing differentiated housing credit policies to better meet the reasonable housing needs of buyers" for two consecutive days.
On April 18, the People's Bank of China and the State Administration of Foreign Exchange issued the Notice on Doing a Good Job in Financial Services for Epidemic Prevention and Control and Economic and Social Development, and put forward 23 policy measures to strengthen financial services and increase support for the real economy from three aspects: supporting the trapped subjects to get rid of difficulties, smoothing the national economic cycle and promoting the development of foreign trade exports.
Among them, it is suggested to improve financial services in the housing sector. It is necessary to adhere to the positioning of "the house is for living, not for speculation", focus on the goal of "stabilizing land prices, housing prices and expectations", implement differentiated housing credit policies according to the city's policies, and reasonably determine the minimum down payment ratio and minimum loan interest rate requirements for commercial personal housing loans within its jurisdiction, so as to better meet the reasonable housing needs of buyers and promote the stable and healthy development of the local real estate market.
On April 19, the People's Bank of China and the China Banking Regulatory Commission jointly held a forum on financial support for the real economy. The meeting stressed that financial institutions should adhere to the positioning that houses are used for living, not for speculation, and implement differentiated housing credit policies to better meet the reasonable housing needs of buyers.
In this regard, Chen Wenjing, director of market research of the Index Division of the Central Reference Institute, predicted that more cities will reduce the down payment ratio of commercial loans and mortgage interest rates, and optimize the standard of "recognizing both houses and loans". The interest rate of the first home loan in most cities is expected to drop to the baseline of 4.6%, and the second home loan will drop to 5.2%. By lowering interest rates, reducing the cost of home ownership and releasing the demand for home purchase, it has substantial benefits for the real estate industry.
Chen Wenjing believes that there have been frequent favorable policies recently. From June 5438+05 to June 5438+08, when the central bank implemented the differentiated housing credit policy, the credit environment and regulatory policies of the property market are expected to accelerate improvement, especially the down payment, interest rate reduction and optimization of the second-home certification standard, which will effectively stimulate the release of housing demand. From the perspective of industry development, the demand for housing has not disappeared, but the short-term demand side has a heavy wait-and-see mood. It is expected that with the gradual implementation of the policy, buyers' expectations and confidence in home ownership are expected to gradually stabilize, and the pace of market recovery still depends on the effective prevention and control of the epidemic and the implementation of local policies.