Ji'nan's most relaxed new provident fund allows the balance of the fund to hedge loans
source: Volkswagen
in May 19th, Ji'nan city adjusted housing provident fund loans, extraction policy, canceling the first payment ratio For the difference in the area of the house purchase, the first payment ratio of the first suite is 20%, the ratio of the first payment of the two suites is 30%, and the difference policy stipulations for the family with a set of housing but not settling the commercial loan and the unified implementation of the 30% down payment ratio and the benchmark interest rate are unify.
25 days is the first day of the implementation of the new deal. To this "the most loose" provident fund loan policy, Ji'nan property market reaction?
commercial loan for the loan of the housing customer change the provident fund loan
25, just in the Ji'nan calendar District bought two suites of Ma happy to the bank to submit a provident fund loan material. Her house is 1 million yuan, according to the previous provident fund policy, her first mortgage has not yet been cleared up, she has to pay down 60%, that is, 600 thousand yuan; 400 thousand yuan loan. Now, according to the new deal, she only needs a down payment of 30%, and the down payment threshold is greatly reduced.
"interest rates do not go up 10%, but the benchmark interest rate. After the interest rate cut in May 11th, the latest provident fund interest rate over five years is 3.75%, while commercial loans are 5.65%. Provident fund loans or cost-effective, can be used as much as possible, "Ms. Ma said, but limited to the amount, she and her husband can only loan 500 thousand yuan provident fund.
"customers have recently consulted a lot of provident fund. A lot of earlier applications for business loans instead apply for provident fund loans. All of them want to use it as much as possible. " On the 25 day, Ma Tiantian, director of sunny 100 store, told reporters.
MA sweet said, at present, business loans have implemented the "330 New Deal", the first suite down payment of the lowest down 3; two suites, the first suite to settle down the first suite of loans, the first payment of the lowest 3, no settlement of 4. In the two months, the adjustment of the provident fund has lagged behind, and the change of the tenants had to choose business loans; the first set of new policies, the first minimum of 2, and two sets of 3, had been fully superior to the conditions of the commercial loan.
Ji'nan provident fund management center staff confirmed to reporters that the current policy of the Ji'nan provident fund, the central policy in place, can be called "the most loose in history", and the interest rate is also at the lowest level in recent years.
little impact on house prices
the new deal reduces the threshold of buying a house, will the house price be pushed up? The staff of the Ji'nan provident fund management center will not think. The number of accumulation fund is limited, according to the annual report of Ji'nan housing provident fund in 2014, by the end of last year, the number of Ji'nan provident fund has been 1 million 62 thousand people; the share of the housing loan market is 27.5%, or a small head.
"housing prices are ultimately determined by supply and demand." People who do not need a house will not buy it even if the loan is offered again. As a means of regulation, credit policy is relatively indirect. Zhongyuan Real Estate Shandong Investment Advisory Department Director Li Fu Li told reporters. There are still some restrictions on the use of
business loan and provident fund policy at the same time relax the extent of the impact, everyone's views are mixed. "Credit easing did stimulate some customers' enthusiasm for changing houses." Ma Tiantian told reporters, "at present, the neighborhood near our house is much better than the small one." But she also told reporters that sunshine 100 second-hand housing prices did not rise.
Vanke City, a real estate consultant told reporters that the price of Vanke City has been rising steadily recently, mainly decided by the sales stage of the real estate. Now it has been sold to the last stage, and its peripheral facilities are becoming more and more perfect. He thinks this is the main reason for the rise in prices and has little to do with credit policies.
will allow the fund balance hedge loan
down payment to lower, the loan increases, the fund pool money enough enough? A staff member of the Ji'nan provident fund management center told reporters that at present, the total funds of the Ji'nan provident fund are not tense, the loan amount and the efficiency of the loan are guaranteed.
according to the 2014 annual report of the central provident fund center published by the center at the end of March this year, in 2014, the total accumulation fund of Ji'nan city was 13 billion 810 million yuan, an increase of 12%. By the end of 2014, the total accumulation of provident fund reached 83 billion 940 million yuan and the deposit balance was 43 billion 290 million yuan, up 19.7% and 17.5% respectively. Affected by the downward impact of the property market, the city issued a total of 14 thousand and 700 personal housing loans in 2014, down 41.91% compared to the same period, with a total payment of 4 billion 276 million yuan, down 37.8% from the same period last year. The collection is increasing, and the loans are reduced and the funds are more abundant.
annual report shows that the current balance of Ji'nan provident fund is 17 billion 30 million yuan. Among them, provident fund center (excluding electric power, Jinan Steel and Railway Sub Center) has 5 billion 790 million yuan in surplus capital. The loan rate was 64.23%, 6.95 percentage points lower than the same period last year, of which the central provident fund's personal loan rate was 83.3%, which was 10.4 percentage points lower than that of the same period last year.
"our foreign commitment is to submit the qualified materials from the deposit workers to the bank, and to the approval and payment, there are no more than 15 working days. We have a check on the bank. If employees find any pressure or delay in the bank, please welcome us to reflect it. We will correct it in time. " Ji'nan provident fund management center staff told reporters.
the staff also revealed that next step, the Ji'nan provident fund management center will further facilitate convenience workers to facilitate workers. If the loan is paid back in advance, we should first pay off the loan and then extract the balance of the provident fund. In the future, the loan will be hedged directly with the balance of the provident fund, and the repayment will not have to be raised in advance. This measure is expected to be launched at the end of this year.