It is necessary to severely crack down on the illegal acts of real estate development enterprises and real estate intermediaries, standardize the transaction order of the real estate market, and prevent the real estate market from being over-financialized. In view of the chaotic situation of the real estate market, many localities and departments have carried out special rectification and intensified their efforts to crack down on speculation. Interest rates of some branches of large state-owned banks were raised by 10 basis point. The first suite is 5.4% and the second suite is 5.6%, which is the mainstream interest rate of large state-owned banks. Guangzhou's housing prices have risen significantly this year, and the adjustment of interest rate prices may curb the overheating of the market. Those who are injured will always be those who just need it and those whose house price control is not in place.
For those who just need to buy a house, the bank raises the mortgage interest rate, which increases the cost of buying a house loan and increases the difficulty of buying a house. In fact, it is one of the measures to tighten the regulation of real estate. The cooling of the real estate market is conducive to the steady development of the real estate industry. Our city has successively issued relevant rectification plans to severely crack down on illegal speculation such as illegal use of credit funds, hoarding of houses by notary agents, and publishing false housing prices and falsely publicizing school districts. In addition to interest rates, buyers are also worried about lending time.
The amount of mortgage in Guangzhou is still relatively tight, and it is very lucky to be able to lend money in more than two months. Many property buyers have to wait for more than three months, and the false and illegal propaganda of degree rooms and the inflow of commercial loans into the property market have become the focus of the next special rectification. Residents' housing loans are subject to total management, so all banks should abide by total management, that is, funds flow to real estate without affecting the real economy and pushing up housing prices. This is a long-term mechanism for supervision from the capital side. Strictly controlling the inflow of corporate loans into the property market has become the mainstream of property market regulation this year, and Guangzhou has been stricter in investigating and handling illegal funds.