Is it true that the mortgage interest rate in Hangzhou is completely loose?
It is true that the mortgage interest rate in Hangzhou is completely loose. According to relevant data, the first home loan interest rate of most banks in Hangzhou has been reduced from 15%-20% to 10%- 15%, and only a few banks are still at 20%. The interest rate of the second home loan is between 15%-25%, and the joint-stock system and city commercial banks are relatively high, still 30. In addition, this loan is much faster, and it can be done in the fastest week.
Why the mortgage interest rate is loose;
1, the bank line is loose.
Every bank has a different investment direction. In the first half of the year, many banks were controlled by policies and their investment quotas were reduced, so the loan interest rates rose to varying degrees. In the second half of the year, when the investment is high and the funds are sufficient, the bank will lower the mortgage interest rate to attract customers.
2. Reduced demand for mortgage loans.
Before the property market policy was upgraded, many capable people had already bought houses and did not need loans. Those who have not bought a house are basically waiting to see, resulting in a decrease in bank loans. Therefore, in order to attract customers, banks will naturally lower the loan interest rate to attract customers to buy a house.
What does the decline in mortgage interest rate mean to buyers?
The reduction of mortgage interest rate is a measure to attract customers to buy houses, which is good news for buyers and can save a lot of interest. However, this interest rate cut is not nationwide, but only partial. In addition, although individual banks have lowered the loan interest rates of the first and second suites, the benchmark interest rate has still risen, which shows that the mortgage interest rate is still tightening and the regulation has not been loosened. Only when the loan interest rate drops to the benchmark interest rate level or even discounts, it shows that the era of buying a house has arrived.
The article concludes: Well, the knowledge about the overall loosening of mortgage interest rate in Hangzhou is true, so why the mortgage interest rate is loose is introduced here. If you need more information, please continue to pay attention to Qijia. We will provide you with better and more exciting content in the future.