Central bank again cut interest rates ICBC's first suite loan fell back to 15% off
source: new Beijing newspaper Author: Sumanli
first suite of ICBC first suite dropped back to 15% off
first suite loan interest rate in Beijing area 15% off is the mainstream, bank people said "now is the best time to apply for housing loan"
New Beijing News News (reporter Su Manli) reporter learned yesterday that ICBC has adjusted the first suite of interest rate preferential policies, from the "benchmark interest rate" to the minimum of 15% off, the Construction Bank also from 15% off "special batch" to a large area of 15% off, a new wave of mortgage concessions.
Industrial and Commercial Bank Construction Bank to relax the first suite of interest rate policy
business bank in Beijing area of the individual loan manager said that the bank is currently based on different customer qualifications for different pricing, and high quality customers can enjoy 15% off, for the quality of customers, the customer manager did not give a clear answer. This year, although banks have relaxed the first suite of interest rate preferential policies, ICBC has been sticking to the bottom line of the benchmark interest rate.
Construction Bank's first suite loan has also been significantly relaxed after the interest rate cut. The customer manager told reporters that the first suite of interest rates before the rate cut in June 8th was basically 10 percent off, only a very high quality customer was able to "batch" to 15% off. After the rate of interest rate reduction, as long as the record was not very bad, it could achieve 15% off. Now the newly applied loan customers are basically 15% off.
reporter learned that the current Beijing area housing loan 15% off is the mainstream, including the Industrial Bank, the Agricultural Bank of China, the Bank of China, the Bank of China, the Bank of Beijing, the postal savings bank and the Bank of China. "Aside from the restriction policy, now is the best time to apply for housing loans." A joint-stock bank personal loan department said.
7 discount is still a bit difficult
Beijing property market began to heat up in May, June signs of rebound are becoming more and more obvious, and the volume of transactions continues to enlarge. In the case of ample bank credit lines, the size of mortgage loans has risen. According to the data of WIK Anjie, the volume of loans in Beijing doubled in June, increasing by 31% over the same period.
a joint-stock commercial bank, the head of the mortgage, said that after the bank opened the floating zone of the deposit interest rate, all the banks had floated the deposit interest rate, the bank spreads narrowed, the cost of funds rose, and the loan interest rate was bound to be affected. In fact, even if 15% off banks are losing money in this business, 30 percent off will lose more. At present, banks will not easily fall to 30 percent off.
Chen Xue, the research department of the chain real estate market, says that although 30 percent off may be allowed in policy, it can only be a "theoretical value", which is difficult to achieve in the short term.
background
housing loan concessions this year gradually expanded
last year of the four seasons, because of real estate regulation and bank funds are tense, once the mortgage rate floating 5%-10%. However, by the beginning of this year, with the recovery of bank loan amount, mortgage concessions have been gradually relaxed. After the
Spring Festival, a number of banks in Beijing reduced to the benchmark interest rate and even offered concessions ranging from 10 percent off to 5% off.
3 early />3 month, the regulatory layer convened a meeting of the four major banks, clearly mentioned to meet the first purchase of the residents of ordinary commercial housing loan demand, the interest rate is also under the benchmark interest rate, the mortgage rate gradually disappeared in the river and lake. In addition, the four banks have clearly improved the efficiency of loan approval, and generally can complete the examination and approval in 1-2 weeks. In the three and fourth quarter of last year, borrowers needed 1-2 months to get loans.
4 began in January, the first suite interest rate of 15% off concessions to expand.
6 month, the central bank reiterated the interest rate at the same time the lowest interest rate of 30 percent off policy, some local small banks follow up, but the first suite of interest rate of 15% off in Beijing is still the mainstream.
New Beijing News reporter Su Manli
100 million 20 years loans 15% off provinces 130 thousand interest
interest rates for buyers will undoubtedly save a large amount of interest.
last night after the central bank again cut interest rates after the benchmark interest rate is 6.55%, if the loan for 1 million and 20 years to pay back the calculation, the same amount of repayment of principal and interest, its monthly supply of 7485 yuan, the total interest of 796447 yuan. If it is able to hit 15% off, then the interest rate will be 5.57%, the monthly supply will be 6918 yuan, and the total interest rate will be reduced to 660433 yuan. Compared with the benchmark interest rate, the monthly supply has been reduced by 567 yuan, and the total interest rate has decreased by 136014 yuan.