6543810.5, People's Bank of China and China Banking Regulatory Commission issued a notice and decided to establish the first dynamic adjustment mechanism of housing loan interest rate policy. In cities where the price of new homes has been declining for three consecutive months, the lower limit of the local first home loan interest rate policy can be maintained, phased down or cancelled.
According to the housing price index of 70 large and medium-sized cities published by the National Bureau of Statistics, the price of new houses in September-165438+1all 38 cities fell in October. RealData monitoring shows that in February, among the 38 cities that meet the dynamic adjustment of the interest rate of the first home, the interest rate of the first home loan in Shijiazhuang, Harbin, Changchun, Fuzhou and other cities 17 was adjusted back to less than 4%.
Interest rate reduction
Affected by this, the interest rate of the first home loan in Baicheng dropped significantly in February. According to the statistics of RealData, the average interest rate of the first home loan in Baicheng in February 2023 was 4.04%, down by 6BP from the previous month, which showed a significant downward trend again after nearly four months of basic stability, and the absolute level reached a new low since 20 19.
The average interest rate of the second home loan was 4.9 1%, which was the same as last month. In February, the interest rates of the first and second home loans decreased by 143BP and 84BP respectively, and the spread between the first and second home loans further widened to 87BP. At the beginning, commercial banks had abundant credit, and the loan lending cycle was also accelerating. According to the statistics of RealData, the average lending period of Baicheng Bank in February was 28 days, which was 3 days shorter than last month.