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2016 first home average interest rate increase for the first time! Mortgage turning point is coming?
In November the country's first suite average interest rate of 4.45%, the first rebound. National mortgage policy tightening led to an increase of 30% of the first suite down payment, the first suite down into the mainstream 3%, down 3% of the banks accounted for 58.35%. The average monthly rate of two suites this month was 5.40%, an increase of 0.01 percentage points from the previous month.
The average first-home mortgage rate was 4.45% for the first time back up
      The average interest rate of the nation's first suite in November was 4.45%, the first quarter-over-year increase in the past year. As of November 20, among the 533 banks in the country, a total of 182 banks reduced the first-suite down payment proportion to 20%, down 9 from the previous month, accounting for 34.15%. In addition, of the 533 banks in the country, 3 banks were down for 2.5% and 311 banks were down for 30%, accounting for 58.35% of the total.
Changes in Mortgage Rates of Ten Major Cities in China
      Beijing: The first suite average interest rate of 4.21%; Shanghai: the first suite average interest rate of 4.41; Guangzhou: the first suite average interest rate of 4.21%; Shenzhen first suite average interest rate of 4.43%.
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          From Golden Week to the current regulation and control of unprecedented strength, the property market has cooled down significantly, the country's major cities in the downturn in housing, all over the city facilities policy to curb the investment demand is expected in the future there will be more hot property market to purchase restrictions or upgrade purchase policy.
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