According to the incomplete statistics of the paper, following the reduction of the quoted interest rate (LPR) of loans over five years 15 basis point on May 20th, the interest rate of multi-site mortgage was also reduced. Up to now, the interest rates of the first home loan in Xinjiang, Xining in Qinghai, Bengbu in Anhui, Jiujiang in Jiangxi, Yichun in Jiangxi, Suzhou in Jiangsu, Tianjin, Zhengzhou in Henan, Qingdao in Shandong, Jinan in Shandong, Hohhot in Inner Mongolia, Tangshan in Hebei, Nantong in Jiangsu and Huizhou in Guangdong have dropped to 4.25%.
Chen Xiao, a senior analyst at Zhuge Housing Search Data Research Center, pointed out that on May 15, the central bank and China Banking and Insurance Regulatory Commission issued a differentiated housing credit policy, proposing that the lower limit of the first home loan interest rate be lowered by 20 basis points, which can be implemented by various localities according to the city. After a lapse of 5 days, the 5-year LPR is lowered 15 BP to 4.45%, which means that the lowest interest rate in all places can reach 4.25%.
Take Huizhou as an example. According to Huizhou Real Estate Association, according to incomplete statistics, by the end of May, the interest rates of first home loans of at least 13 of Huizhou's 33 major branches, such as ICBC, CCB, BOC, ABC, Bank of Communications, Guangfa, Postal Savings, Ping An, China Merchants, China, Longmen Rural Commercial Bank and Shanghai Pudong Development Bank, had dropped to 4.25%.
In May last year, the interest rates of the first and second home loans in Huizhou were 6.5% and 7.0% respectively.
Huizhou Daily shows that from the end of last year, the mortgage interest rate in Huizhou began to decline. This year's 65438+ was lowered to 5.2% and 5.35% at the end of 10. By the beginning of May, the minimum implementation of the first set is 5.0%-5.2%, and the minimum implementation of the second set is 5.3%-5.4%. Subsequently, the central bank lowered the mortgage interest rate, and the first and second sets in Huizhou fell to 4.8% and 5.2%. The continuous interest rate cuts over the past year have greatly reduced the purchase cost of property buyers.
According to Jinan Housing and Construction Bureau, after the central bank adjusted the lower limit of the interest rate of the first commercial personal housing loan on May 15 to be no less than the market quotation price (LPR) of the corresponding term loan minus 20 basis points, the LPR for five years or more was adjusted to 4.45% on May 20. At present, the minimum interest rate of personal housing loan in Jinan can reach 4.25% for the first suite and 5.05% for the second suite. This adjustment is a great benefit to support the demand for rigid and improved housing and reduce the repayment pressure of buyers.
Nationwide, before the interest rate adjustment, the LPR of the first individual housing was 4.6%, and after the interest rate adjustment, the interest rate of the first home loan dropped to 4.25%. Take the mortgage loan with a loan amount of 6,543,800 yuan and 30-year equal principal and interest repayment as an example. Before the interest rate adjustment, the LPR of the first individual housing was 4.6%, and the monthly payment was 565.438+026.44 yuan. After the interest rate adjustment, the minimum interest rate for the first home loan is 4.25%, and the monthly loan amount is 49 19.4 yuan. Based on this calculation, the monthly payment decreased by about 207 yuan, and the total interest of the loan decreased by about 74,500 yuan.
"The interest rate of the first home mortgage has been as low as 4.25%, which is the low interest rate level in the past decade. It can be seen that the central government has significantly enhanced its efforts to stimulate residents' confidence in buying houses from the financial level. " Jaco, dean of a real estate research institute branch, said.
Chen Xiao believes that, on the whole, the reduction of the interest rate of the first home loan can reduce the repayment pressure of buyers, help ease the wait-and-see mood, and enhance the willingness to buy houses to a certain extent. Although the policy effect may not be significant in the short term, in the long run, it is expected that the follow-up market repair process will accelerate, especially in the second half of the year.
In addition, Yan Yuejin, president of Shanghai Yiju Real Estate Research Institute, pointed out that different interest rate policies will be formed for first-hand and second-hand houses, first and second suites, small and large apartments, restricted and non-restricted areas, ordinary families and families with many children, ordinary citizens and new citizens. Even under the same conditions, different banks and even different bank outlets will have different loan interest rates, which are all places that need attention. Of course, the policy of mortgage interest rate sometimes changes because of changes in other real estate policies. For example, in order to encourage the demand for improved home purchase, some cities will clearly stipulate that if the first home mortgage is repaid, then "recognizing the house and recognizing the loan" can be implemented instead of "recognizing the loan and not recognizing the house". At this time, if you subscribe for the second suite, you can enjoy the policy of the first suite and enjoy the extremely low interest rate of the first suite. In other words, low interest rates will also be adjusted because of the adjustment of local housing purchase policies. For this difference, property buyers need to identify themselves in combination with the actual situation.