It means that interest rates are rising, and everything is developing in the direction of "housing and not speculating" according to the requirements of supervision. On the one hand, the interest rate of mortgage is raised, on the other hand, the leverage ratio of mortgage is reduced, and the growth rate of personal mortgage is obviously reduced. According to the data released by the central bank's management department (Beijing), the average down payment ratio of new personal housing loans in Beijing in March was 49. 1%, an increase of 8. 1 percentage point over the same period last year. The staff of a Beijing branch of a big bank told the reporter that due to the tight quota of branches, specific assessment of collateral, customer credit status and other factors still need to be negotiated in actual implementation. In fact, the interest rate has been raised by 1. 1 times for some time. However, this time, the branch clearly stated that the interest rate of the first home loan is not lower than 1. 1 times the benchmark interest rate. At present, the adjustment of various credit policies is more reflected in the bank's own business, and the loan policy is decided by the bank itself. At present, the increase in the down payment ratio of bank loans is actually due to the shortage of funds, or banks themselves should also consider the issue of profitability. Especially after the current asset management policy reform, many high-yield investment channels have decreased, and banks will inevitably open a breakthrough in similar mortgages. Raising mortgage interest rates is also a commercial consideration.