The maximum provident fund loan is 300,000 yuan, with an annual interest rate of 4.5.
Second, what is the interest on the provident fund?
20 15, 10 adjust and implement the current provident fund loan interest rate. The interest rate of provident fund loans for more than five years is 3.25%, the monthly interest rate is 3.25%/ 12, and the interest rate of provident fund loans for less than five years is 2.75% per year, which is the same in the whole country.
Commercial loan: (1) The loan interest rate is related to the loan purpose, loan nature, loan term, loan policy and different lending banks. The state sets the benchmark interest rate, and banks determine the differential loan interest rate according to various factors, that is, floating up or down on the basis. The current benchmark interest rate was adjusted and implemented on July 6, 20 12. Types and annual interest rates are as follows: ① short-term loans for 6 months (inclusive) 5.6%; ② 6% for half a year to one year (inclusive); ③ One to three years (inclusive) 6.15%; ④ Three to five years (inclusive) 6.4%; ⑤ More than five years, 6.55%. (2) Mortgage is a comprehensive evaluation of the bank loan interest rate according to the credit situation of the loan, and the loan interest rate level is determined according to the credit situation, collateral and national policy (whether it is the first suite or not). If all aspects are evaluated well, the mortgage interest rates implemented by different banks are different. 20 1 1 Due to the shortage of funds and other reasons, the interest rate of the first home loan of some banks is 1.60000000006.
Since 20 12, most banks have adjusted the interest rate of the first suite to the benchmark interest rate. In early April, the bank began to implement the first home loan interest rate concessions. The interest rate discount of some banks can be up to 15%. The interest rate after 15% discount over five years is 6.55%0.85=5.5675%. Due to the shortage of funds and insufficient credit funds, it has been tightened since the third quarter and the beginning of 20 13. The interest rate of the first suite is generally between the benchmark interest rate and the 15% discount.
Third, add another city! Reduce the interest rate of the first individual housing provident fund loan in many places.
The interest rate of the first individual housing provident fund loan will be lowered, and another city will be added. "Chongqing Provident Fund Center" issued a notice on the micro signal 1 1, and the interest rate of the first individual housing provident fund loan in 2022 was lowered by 0. 15 percentage points from 10. Specifically, the new policy of Chongqing provident fund loans stipulates that the first set of individual housing provident fund loans will be issued from June 65438+ 10/day, 2022: the adjusted interest rate will be implemented, that is, the interest rate of individual housing provident fund loans for less than five years (including five years) will be 2.6%; The loan interest rate of individual housing provident fund for more than five years is 3. 1%. The first individual housing provident fund loan issued before June 65438+1 October12022: if the loan term is within one year (including one year), the original contract interest rate will still be implemented; If the loan term is more than one year, the original contract interest rate will still be implemented before June 65438+ 10/in 2023, and the adjusted interest rate will be implemented from June 65438+1 0/in 2023. According to the notice, the interest rate policy of the second set of individual housing provident fund loans in Chongqing will remain unchanged, that is, the interest rates for the period below five years (including five years) and above five years are 3.025% and 3.575% respectively. 10 this month, many notices have been issued about lowering the interest rate of the first individual housing provident fund loan. According to incomplete statistics, Beijing, Hangzhou, Nanjing, Jiaxing, Huzhou, Ningbo, Dongguan, Wuxi, Zhengzhou, Nanning, Shijiazhuang, Tianshui, Jilin, Chengdu, Luzhou, Xiangyang, Yichang, Huangshi, Jingzhou, Suizhou, Enshi, Xiantao, Tianmen, Nanchang, Harbin, Hefei, Maanshan and Hainan provinces have previously released relevant information. A number of housing provident fund management centers said that the first set of personal housing provident fund loans issued after 10+0 this year will be implemented at the adjusted new interest rate; The first set of individual housing provident fund loans that did not expire before June 65438+ 10/,and the adjusted new interest rate will be implemented from June 65438+1 0/in 2023. Yan Yuejin, research director of the think tank center of Yiju Research Institute, pointed out that the adjustment of housing provident fund policies in various places generally does not belong to the operation of "one city, one policy" in various places, but is more reflected in the new policy of the central bank. After that, all localities actively responded to communication. From the perspective of various places, based on the reduction of the national unified provident fund interest rate and the increase of the amount of provident funds in various places, one person buys a house to help the whole family and the business turns public, which objectively helps to further enhance the attractiveness of the provident fund to the purchase of houses and also helps to boost the trading market in the fourth quarter. On the evening of September 30th, the central bank announced that it had decided to reduce the interest rate of the first individual housing provident fund loan by 0. 15 percentage points from June, 2022, and adjust the interest rates for less than five years (including five years) and more than five years to 2.6% and 3. 1% respectively. The second set of personal housing provident fund loan interest rate policy remains unchanged, that is, the interest rates for less than five years (including five years) and more than five years are not less than 3.025% and 3.575% respectively. Regarding the central bank's move, Yang Delong, chief economist of Qianhai Open Source Fund, said that the central bank lowered the interest rate of the first personal housing provident fund loan, mainly for the real estate market sales and to meet the demand for the first home. It has a certain positive effect on the real estate sector, which also releases positive economic signals, because real estate is an important economic pillar industry, and releasing favorable policies for real estate is conducive to economic recovery. At the end of September, the Ministry of Finance and State Taxation Administration of The People's Republic of China announced that taxpayers who sell their own houses and buy back their houses in the market 1 year after the sale of their existing houses will be given preferential tax refund for the personal income tax paid for the sale of their existing houses. The central bank and the China Banking Regulatory Commission also informed that eligible city governments can decide to maintain, reduce or cancel the lower limit of the local first home loan interest rate by the end of 2022. Yan Yuejin said that the recent big move to stabilize the property market will boost the real estate market in the fourth quarter.
Fourth, the new policy of stabilizing the property market in many places is good for reasonable demand, and the policy "red line" is still there.
On April 12, Nanxin confirmed that from that day on, a house was restricted in Liuhe District. Married families can go to the local area to issue proof of house purchase with household registration book, ID card, marriage certificate and other certificates. That is, Liuhe District is
The same policy has been introduced in Lishui District of Nanjing. So far, there are already two districts in Nanjing that have released the qualification for purchasing houses for foreign household registration.
On April 1 1 day, Suzhou also adjusted the policy of restricting purchases and sales. Among them, during the second-hand housing purchase restriction period, families applied to buy the first set of housing in Suzhou, Kunshan and Taicang, and the continuous payment for 24 months was changed to 24 months.
Under the idea of one city, one policy, the policy has been adjusted. Among them, the "five-limit" policy represented by purchase restriction and sales restriction shows the support of the policy to the demand side.
The strictest purchase policy, restrictions on purchases, loans and sales, and the superposition of "five limits" are also considered to be important signs of the last round of property market regulation. Analysts believe that "the subtle transformation of regulatory policies from suppression to support. But at the same time, in order to prevent the market from overheating, the policy is "floating red"
Strong second-tier cities
The adjustment of property market policies in Nanjing and Suzhou is the epitome of recent property market environment optimization. According to incomplete statistics, nearly 70 cities have issued a new policy to stabilize the property market in 2022. Since April alone, nearly 10 cities have introduced policies to stabilize the real estate market with different strengths.
From the policy content, it is mainly manifested in reducing the minimum down payment ratio, reducing the amount of mortgage interest, and increasing the introduction of talents.
Among them, there are precedents for the adjustment of the policy of restricting purchases and sales. At the end of March, a family in Fuzhou (including Hong Kong, Macao and Taiwan) bought a house in the fifth district of Fuzhou, and could buy a set of 144 flat in the fifth district of Fuzhou without providing medical social security or tax payment certificates for nearly two years or settling down.
In terms of sales restriction policy, at the end of March, Harbin cancelled the main city and provincial capital cities that cancelled the sales restriction policy for nearly four years.
Prior to this, Jining City, Shandong Province cancelled the restrictions on the "restricted sale" of second-hand houses; Jimo District of Qingdao also limited the transaction of new houses to one year, and changed the second-hand houses from five years to two years. On April 1 day, Quzhou issued a notice to optimize the policy of restricting purchases and sales, which became the first time in China to cancel the purchase restriction at the same time this year.
"The significance of the adjustment of Nanjing and Suzhou is that it means that the adjustment of restrictive policies on the property market has been extended to strong second-tier cities." Yan Yuejin, research director of the think tank center of Yiju Research Institute, told 2 1 Century Business Herald that Zhengzhou and Hal, which had undergone similar adjustments before, should belong to second-tier or weak second-tier cities.
In addition to the adjustment of the policy of restricting purchases and sales, the policy of restricting loans has also been relaxed with the adjustment of credit policies. Recently, many cities have lowered the minimum down payment ratio, increased the amount of provident fund loans, and Zhengzhou, Lanzhou and other cities have cancelled the "mortgage loan", which is considered to be a rational adjustment to the loan restriction policy.
In terms of price limit, many real estate developers told 2 1 Century Business Herald that since the beginning of this year, hot cities have generally relaxed their control over the pre-sale price of new houses, but the price increase has not been reflected in the transaction level because the purchasing power has not fully recovered.
So far, in the "five-limit" policy, all other four-limit policies have been adjusted to some extent except the "business limit".
Yan Yuejin said that the superposition of "five limits" is the most important representative policy in this round of property market regulation since 20 17, and it also constitutes the most restrictive housing purchase policy in China. The adjustment of the "five limits" also means that the restrictions on the demand side are conditionally relaxed.
The policy "red line" is still there.
The shift of regulatory policy to support demand has long been a clue. The Central Economic Work Conference held in February last year pointed out that it is necessary to support the commercial housing market and better meet the reasonable housing needs of buyers. Since then, many regulatory authorities have made similar statements, and local governments have successively introduced relevant favorable policies.
In 2022, supporting reasonable demand has become one of the main themes of local property market policies. Among them, in addition to rigid demand, improved demand is also welcoming. Recently, measures that have attracted much attention, such as encouraging the elderly to vote for their relatives and support the elderly, canceling "recognizing housing and loans" and relaxing the purchase restriction for families with two children and three children, are all aimed at supporting improved demand.
Yan Yuejin pointed out that China is still in the stage of rapid urban development, and the housing demand is relatively strong. However, from the perspective of demand stratification, some big cities have entered the stage of improved demand. The satisfaction of these needs is of great significance to stabilizing the property market.
Judging from the market trend, due to various reasons, it will take some time for these policies to take effect.
/kloc-In March, Zhengzhou issued the Notice on Promoting the Healthy Development of the Real Estate Industry, which introduced measures to stabilize the property market from five aspects: supporting reasonable housing demand, improving housing market supply, increasing credit financing support, promoting the construction and renovation of resettlement houses, and optimizing the real estate market environment. Due to its strong support, Zhengzhou was once called "the first city to lower the threshold of improved demand loans".
Chen Wenjing, director of market research of Index Division of Central Reference Institute, pointed out that after the introduction of the policy, the number of new houses in Zhengzhou increased, especially the core quality projects improved significantly. According to preliminary statistics, the volume of weekly transactions increased in March. In the case of a low base in February, the average transaction area in March increased by about 50% compared with that in February, but compared with the level in the middle of last year, the transaction scale still has a certain distance.
In addition, according to the 100-city price index of China's real estate index system, in March 2022, the price of new residential buildings in Zhengzhou decreased by 0.27% month-on-month, and the price of second-hand residential buildings increased by 0.06% month-on-month. "It will take time for this policy to be effective." Chen Wenjing said.
Chen Wenjing pointed out that adjusting the "five-limit" policy and introducing relevant measures to optimize the property market environment will be the main direction of property market regulation in the future. However, the trend of the property market is influenced by multiple factors. In the current situation, the pace of market recovery may not be too fast.
Despite this, in the face of the excessive rebound of the market that may be triggered by policy adjustment, there have also been vigilant voices. On April 1 1 day, the Economic Daily article pointed out that the notice issued by the Ministry of Education recently on doing a good job in enrolling students in ordinary primary and secondary schools made it clear that where educational resources are relatively balanced, it is encouraged to gradually implement single-school dicing; Where educational resources are not balanced enough, actively and steadily promote multi-school scribing. Accordingly, some market participants believe that the school district housing prices will usher in a new round of rise.
The article said that this view is worthy of vigilance. It is not an expedient measure to curb the chaos in school districts, but it will take a long time to prevent the wind of speculating in school districts from coming back.
Yan Yuejin believes that this also reflects that the property market policy still has a "red line". Signals from key areas such as school districts and high-priced places may become alarms that trigger "red lines". In the context of the gradual release of reasonable demand and the recovery of the market, the attempt to break through the "red line" in the name of encouraging demand will still be limited.