The interest rate of the housing provident fund deposit is high! Execute at a regular rate of one year
2 month 17, the central bank official network issued a notice, from February 21st, adjustment staff housing accumulation fund account deposit interest rate, from the current according to the collection The execution time and the three month deposit interest rate shall be adjusted to a unified one year fixed deposit rate. According to the central bank, the current rate of interest collection and the three month time deposit benchmark interest rate were 0.35% and 1.10% respectively. After the adjustment, the housing provident fund account deposit interest rate will be unified according to the one-year fixed deposit benchmark interest rate, which is currently 1.50%.
the chief analyst of Central Plains real estate Zhang Dawei analysis that the policy aims to reduce the accumulation fund for non - purchase, attract the provident fund to reduce the extraction rate. However, from this interest rate change, the impact is very small, for example, in March, the deposit is fixed to one year, according to the current balance calculation only 0.4%, according to a balance of 100 thousand of the staff calculation, the annual interest of only 400 yuan.
Second, the recent revision of the provident fund policy series is to some extent conducive to the greater play of the role of provident fund, but from the current role of provident fund in real estate, the biggest problem is the loan ceiling of the provident fund. For the whole country, the provident fund policy is basically a chicken ribs policy. The low loan ceiling limits the role of the provident fund and can only be used by people with high down payment ability.
Third: 1.5% yield is lower than CPI inflation rate. So for low-income people, the provident fund is equivalent to depreciating. Very low yields have led many people to think of many ways to extract the provident fund. If the provident fund does not solve such a low income, it is difficult to limit the small ads posted on various streets and lanes.
Fourth: after the development of the provident fund system for several decades, it is necessary to make a major institutional adjustment. It should be directed to the middle and low income population. The provident fund system can not only study the cooperation and construction of countries such as Germany and other countries, but also improve the income of low-income people who pay public money in the form of housing cooperatives. You can also make more attempts in serious illness extraction and so on.
in the end, it can be seen that the establishment of the National Housing Bank is imminent, the fund policy should expand the source of loan funds, so that it is really a tool for employees to buy a house.
the full text of the central bank below:
with the consent of the State Council, recently the people's Bank of China, the Ministry of housing and rural construction and the Ministry of Finance issued the notice on improving the formation mechanism of the deposit interest rate of employees' housing provident fund account (2016) No. 43), and decided to make the housing provident fund for staff and workers from February 21st. The interest rate of account deposits is carried out by the current rate of current and three month deposit base interest rate according to the current collection time, and adjusted to be carried out according to the one year term deposit benchmark interest rate.
the purpose of China's establishment of housing provident fund system is to raise funds jointly by the three parties of the state, units and workers, mainly by issuing low interest housing loans to help the workers to settle the housing problem. Since 1996, following the principle of "low to low, low and low profit", the housing accumulation fund account deposit is divided into interest rate grade according to the collection time. The current collection and the previous year, respectively, are 0.35% and 1.10%, respectively, according to the current deposit and the three month fixed deposit benchmark interest rate. After the adjustment, the housing provident fund account deposit interest rate will be unified according to the one-year fixed deposit benchmark interest rate, which is currently 1.50%.
consummates the formation mechanism of the interest rate of the staff housing provident fund account, which is the important measure to implement the party's the third Plenary Session of the 18th CPC Central Committee decision about "establishing the public standard housing provident fund system, improving the housing provident fund extraction, use and supervision mechanism", and improving the housing provident fund system. This is not only conducive to the protection of the housing provident fund workers to obtain reasonable deposit income, further improve the fairness and effectiveness of the housing provident fund system, but also benefit the interest rate of the housing accumulation fund deposit, which is in line with the overall direction of the reform of the interest rate marketization. At the same time, the adjustment is the redistribution between the income of housing provident fund and the income of deposit and worker deposit, which will not push up the overall interest rate level, and will not affect the normal management and operation of the housing provident fund.