A few days ago, Beijing mortgage interest rate had the latest news. According to a report in beijing business today today, a person from a state-owned bank said that the new pricing benchmark of Beijing's personal housing loans is: the interest rate of the first set of commercial personal housing loans is not lower than the LPR (loan market quotation) plus 55 basis points (one basis point is equal to 0.0 1%), and the interest rate of the second set of commercial personal housing loans is not lower than the LPR plus 105 basis points.
From many media reports, it can be found that there has not been a phenomenon of buyers applying for loans in a centralized way recently, and the loan quotas of major banks have been relatively tight recently.
The new anchor in Beijing has been confirmed.
For a long time, the mortgage interest rate pricing of Chinese banks has been based on the benchmark interest rate of central bank loans multiplied by a certain proportional coefficient. For example, the mainstream interest rate of the first home loan in Beijing is 4.90% of the benchmark interest rate, that is, 10%, that is, 5.39%; The second home loan interest rate is 20% higher than the benchmark interest rate, that is, 5.88%.
As the People's Bank of China announced that the loan market quotation (LPR) will become the main reference for banks to issue new loans, the pricing of individual housing loans will naturally change from the original benchmark loan interest rate to LPR. The LPR interest rate announced on August 20th for the first five years or longer is 4.85%.
According to Xinhua News Agency, Beijing has made it clear that the interest rate of the first suite will rise by no less than 55 basis points on the basis of LPR, and the interest rate of the second suite will rise by no less than 105 basis points. According to the LPR of more than five years on August 20, the floating lower limit of personal mortgage in Beijing is 5.4%, and the floating lower limit of second suite is 5.9%. This figure is slightly higher than the previous commercial mortgage interest rate level, but it has not changed much and basically remained stable.
September 17 beijing business today reported today that a state-owned banker also said that the interest rate of the first set of commercial personal housing loans was not lower than LPR (loan market quotation) +55Bps (basis point) in the same period, and the interest rate of the second set of commercial personal housing loans was not lower than LPR+ 105Bps in the same period. A person from a joint-stock bank said that since September 16, the price of housing mortgage loans in Beijing has adopted the LRP bonus method, and the pricing is the same as the above method.
However, 5.4% and 5.9% are not absolute concepts. The mortgage interest rate 10 on June 8 still depends on whether the new LPR interest rate is lowered on September 20.
According to China Real Estate News, a person in charge of a Chinese-funded bank in Beijing revealed that "the information I know at present is that the LPR will be increased by 60bp to 120bp, and the minimum for the first suite is 60bp (basis point)". According to this statement, the interest rate of the bank's first commercial personal housing loan will be at least 60 basis points higher than the 5-year LPR of 4.85%, that is, 5.45%, which is higher than the mortgage interest rate after the previous benchmark rose, and also higher than the current minimum mortgage interest rate anchored in Beijing.
The relevant person in charge of the central bank has said that the announcement is mainly aimed at the new interest rate of individual housing loans, and the existing interest rate of individual housing loans is still implemented according to the original contract.
There is no centralized application for loans everywhere.
As mentioned in the above Xinhua News Agency report, at least 13 self-regulatory organizations of market interest rate pricing in provinces, autonomous regions and municipalities have determined the lower limit of local LPR, and the rest will be announced one after another before the end of the month. Banks all over the world adjust the interest rate fluctuation according to the lower limit of local mortgage interest rate, which has little change compared with the interest rate level before the reform.
After considering the lower limit of Jiangsu mortgage interest rate, the LPR of the first suite rose by 80 basis points, and the second suite rose by 105 basis points. Add at least 120 basis points for the first suite in Suzhou and 150 basis points for the second suite. "Before the reform, the benchmark interest rate of the first suite in Suzhou rose by 25%, and the second suite rose by 30%. After the implementation of the lower limit, it will not have much impact on the final interest rate. " A person from the Housing Finance Department of Suzhou Branch of the bank said.
Xinhua News Agency reporter learned from commercial banks in many places that many customers came to consult the mortgage interest rate recently, but there was no large-scale signing of loan contracts. "After the introduction of the new mortgage pricing policy, the mortgage increment has not changed much compared with the previous period. Whether buyers apply for mortgage loans is mainly affected by the situation of the houses they buy. " A staff member of China Merchants Bank Shenzhen Branch said.
At present, the lower limit of LPR in Shanghai and Guangzhou has not been determined. Shanghai is one of the cities with low mortgage interest rates in China at present, and there are still buyers who enjoy a 15% discount on the interest rate of the first suite. Once the new regulations are implemented, the preferential interest rate for the first home loan will be difficult to achieve.
According to the Report of China Mortgage Market from 2065438 to August 2009, in August, the average interest rate of the first home loan in China was 5.47%, up 3 BP from the previous month. The average interest rate of the second home loan is 5.78%, up by 2BP from the previous month, which is equivalent to an increase of 62 BP and 93 BP respectively at the current five-year LPR level, both of which are much higher than the lower limit of interest rate stipulated in the New Deal.
Next, it is unlikely that the mortgage interest rate will fall. Analysts believe that in the near future, the central bank will reduce the deposit reserve ratio, which will reduce the financing cost of banks. However, both RRR reduction measures and the introduction of LPR new quotation mechanism ultimately hope to reduce the real interest rate of loans through bank transmission. At the policy level, it is clearly mentioned that real estate is not used as a short-term means to stimulate the economy, and the regulatory authorities have made great efforts to curb funds, and the degree of illegal inspection is far greater than before.
The loan period in some areas has become longer.
For property buyers, buying early or buying late for several months may result in completely different interest rates. According to Zhejiang Online, after experiencing a low point this year, the mortgage interest rate in Hangzhou began to show an upward trend in June. 3%, 5%, 8% ... The interest rate of the first home loan is getting higher and higher, and the monthly supply adds up a lot.
"The bank told me that the first set rose by 10% compared with the benchmark, but my friend still rose by 8% during the summer vacation." Xiao Z, a first-time home buyer in Hangzhou, said that considering the uncertainty of the impact of the upcoming "LPR" New Deal on interest rates, he made up his mind to buy a property located in the south bedroom. Up is up, and it is acceptable to float 2 points. "
However, it is still unknown whether Xiao Z's loan can be approved before June 8 10. "You have to wait in line." Xiao Z said that the bank staff told her that the current lending cycle is basically more than one month. In front of her, buyers in August are still waiting. "If we wait until after the New Deal, the specific mortgage interest rate will refer to the LPR data in September."
The credit account manager of a bank said helplessly, "The quota is really tight. Now a client urges me every day and asks me about my progress. I can only persuade them to wait patiently. " When the reporter asked about the impact of the central bank's RRR cut on September 16, the account manager replied, "The specific situation is still unclear, which may alleviate some pressure."
Recently, when interviewed by National Business Daily, salesmen of several banks in Shenzhen and Guangzhou said that the overall situation of mortgage business was not very optimistic. Xiao Li, who works in one of the four major banks in Shenzhen, told reporters: "(Our bank) can't do the second hand at all, and the first hand has been robbed by other banks." He added: "Second-hand transactions are very bad now." He believes that this is the reason why his mortgage business is not good.
Another Xiao Ceng, also from the four major banks, pointed out, "Our bank has been closed for half a year, and now there is a quota, but everyone is not actively taking orders. The injury is deeper, and the Buddha listens. " The reason why I was deeply hurt was that there had been a situation of "no loan after approval". "I am very tired, and now I am very cautious when I have a quota."
According to the salesmen of Industrial and Commercial Bank of China, China Construction Bank, China Merchants Bank, China CITIC Bank, Ping An Bank and Minsheng Bank interviewed by the reporter of China Business Daily, the current mortgage approval is strict, and the time for lending is uncertain, which will be "slow", and some banks are still in a state of complete suspension of loans.
Only the salesmen of some regional banks said: "The quota is sufficient, and the review is simple and the loan is fast."