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Why is the price of the first set of mortgage interest rates dropped by more than a few hundred thousand?

Time: 2018-02-08         Source: Financial 360 original         Author: Jada

According to the latest data of Rong 360, in January 2018, the average loan rate of the nation's first-suite home loans was 5.43%, equivalent to 1.11 times of the benchmark interest rate, up 0.93% from December 2017; on a year-on-year basis, the average loan interest rate of first-home loans in January last year was 4.46% 21.75%. Among the 35 cities monitored, the lowest average interest rate of first-home loans was 4.96% in Xiamen and the highest was 5.84% in Zhengzhou.

  The release of the new line at the beginning of the year, the bank to resume mortgage business expanded

Of the 533 banks in 35 cities in China, 73 of the first-tier home-bank lending rates rose, accounting for 13.70%; 10 first-home lending rates of 10 banks dropped, accounting for 1.88%; 441 first-home lending rates and Month flat, accounting for 81.05%.

As can be seen from the figure above, in January the first home loan interest rates unchanged and floating in the mainstream of the bank,360 room to meltJun (fangdai123) that the overall trend is still tight in the future, short-term loosen credit policy is unlikely.

In addition, a total of 37 branches (branches) of the bank suspended the first mortgage business this month, a decrease of 10 compared with 47 in the previous month.

As the new year started, banks released new lines and some banks resumed their previously suspended mortgages. On the one hand, they were able to meet the loan demand queued for the previous year and on the other hand, they could continue to accept new loan applications.

  The first four lines in the first tier cities raised the mortgage interest rates, first and second tier cities obvious differentiation of interest rates

On the last day of January, the four major banks in Guangzhou, including those in agriculture, industry and construction, also said that from the first of February, the interest rate of the first suites will rise by 10% (originally 5%). At the beginning of this year, the interest rate on bank mortgages will not be drastically adjusted. Why are the four major banks raising interest rates this year? Financial 360 said Fang Jun believes there are two main reasons:

  First, from the beginning of last year, the banking supervision of the overall loans become strictlyThe overall size of the bank's own fund is much tighter than in previous years. In the first two years of the first two years, banks put too much on the mortgage business, resulting in irrational increases in prices in hot cities. Therefore, in order to avoid this situation from occurring again in 2018, investment demand should be restrained from the beginning of the year. Good needle.

  Second, the previous Central Economic Work Conference stressed that "the main valve of the money supply should be managed and the reasonable scale of monetary credit and social financing should be maintained."Therefore, banks need to do is to control the credit scale, and business structure, the future funds to more small and medium micro-enterprises, eco-city construction and other entities, to avoid excessive flow of funds to the property market.

Looking back at the first suite average interest rates in 35 major cities across the country, cities with higher interest rates are all hot tier two cities, while the top ten lowest interest rate suites in the first suite have three tier one cities, The overall interest rate in a relatively low position, first-tier, second-tier cities more obvious differentiation characteristics,There are two main reasons for this:

  First, the first-tier cities in the past two years launched the limit loans and restriction policies, The overall goal is clear, the treatment of the restrictions on the policy has been relatively mature; and hot second-tier cities in the price increases after the introduction of restrictive policies, some cities within the limits of purchase restrictions, the situation is more complicated, and continuous leakages complement Policy, to deal with it needs a process.

  Second, as countries put forward the concept of regional coordinated development, The population flow is no longer just concentrated in first-tier cities, but also dispersed to hot second-tier cities, increasing demand for home purchase, local housing prices rose more room to maintain the mortgage interest rate at a high level, with the restriction policy to curb investment demand.

  Prices have dropped, but this year just need to buy a house or more difficult

The first month of this year, the interest rate is still rising steadily, to the buyers most intuitive feeling is that the price drop, but to buy a house more expensive.

For example, it is even clearer that for a loan of 1 million with a term of 30 years and a preferential interest rate of 8.5% at the beginning of last year, 4872.68 yuan will be returned each month with a total interest of about 754,000. Interest rates go up by 10% Month to 5609.07 yuan, the total interest of about 1.019 million, earlier this year than to buy a house early to spend hundreds of thousands of interest, the monthly supply should be more than hundreds of high loan amount, the total interest and monthly supply is even higher The overall cost of buying a lot higher.

Although the purpose of restricting loans is to curb investment demand, it is inevitable that some of them will be injured by mistake. Some people wanted to wait for housing prices to fall and then buy cheaper a year ago. However, as we said above, in order to prevent Appear the first two years of rising house prices,In the first quarter of this year, banks will lay down their vaccines ahead of schedule and interest rates are likely to continue to rise. It is even harder for banks with limited financial capacity to buy a home.

  Everyone to buy a house to make plans as much as possible:

  1, to understand the purchase bank mortgage policy, Good financial budget, measured as out.

  2, taking into account the cost of timeIn particular, people who improve their room-for-people exchange rates have become the norm. To make plans for their time, lest the first house should be sold and the loan can not be repaid long enough to pay for the second suite.

Dozens of cities, hundreds of banks, all lending rates, all in the "financial 360" (fangdai123) public number, click on the menu "buy a house tool", with the best interest rates to buy the most favorite house.

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