Recently, it is rumored that since February 14, the down payment ratio of home buyers who have no housing and no personal housing loan records under the name of Shandong Heze industrial and Commercial Bank of China, China Construction Bank and Agricultural Bank of China can be implemented by 20%.
According to media reports, the credit source of Heze Agricultural Bank of China said that in recent days, the payment proportion of the above first house has indeed been reduced from 30% to 20%, and the loan interest rates of the first house and the second house have been reduced from 5.95% and 6.14% at the end of last year to 5.6% and 5.95% respectively.
According to Zhongxin Jingwei, on February 17, it was learned from the relevant business outlets in Heze City, Shandong Province that the four major banks lowered the down payment ratio of personal housing loans in Heze City, and the down payment ratio of “no house, no loan” buyers fell from the previous lowest 30% to the lowest 20%.
China Construction Bank Corporation(601939) the loan manager of Heze No. 1 sub branch said, “The down payment ratio of individual housing loans has been reduced in the past two days, Bank Of China Limited(601988) , Agricultural Bank Of China Limited(601288) , Industrial And Commercial Bank Of China Limited(601398) , China Construction Bank Corporation(601939) four banks have implemented it at the same time. Among them, for households without housing (excluding rural collective land housing, the same below) and without individual housing loan records, the down payment ratio can be implemented by 20%.”
The above loan manager also said that at the same time, the minimum down payment ratio is also divided into 25%, 30% and 40% according to whether there is a house under his name, whether there is a housing loan record and whether the loan record is settled. For example, if a resident family who has no personal housing loan record and has settled or actually owns a house but has no loan record applies for a loan to buy an ordinary house, the down payment ratio can be 25%.
For the reduction of the down payment ratio of individual housing loans, Bank Of China Limited(601988) , Agricultural Bank Of China Limited(601288) , Industrial And Commercial Bank Of China Limited(601398) staff of relevant outlets in Heze City confirmed that “this policy is implemented in Heze City”.
However, a staff member of Agricultural Bank Of China Limited(601288) said that not all customers can enjoy the minimum loan ratio, which should be determined according to personal qualification and repayment ability.
In addition to Heze, many housing loan policies have been adjusted since this year.
On January 12, Guangxi Beihai housing provident fund management center issued the notice on adjusting the housing provident fund loan policy, which made it clear to reduce the down payment ratio of provident fund loans, making it the first city in China to reduce the down payment ratio this year.
On January 18, Zigong housing provident fund management center of Sichuan Province issued the notice on issues related to the adjustment of housing provident fund policies, relaxed the recognition policy of housing units and implemented the recognition standard of “only recognizing loans but not houses”.
In addition, Nanning has raised the maximum loan amount plan from 600000 yuan and 500000 yuan to 700000 yuan and 600000 yuan. Ningbo raised the maximum loan amount of housing provident fund from 600000 yuan / household to 800000 yuan / household when applying for provident fund loan to buy the first house for families who have paid housing provident fund for two consecutive years and have two or three children in accordance with the national fertility policy. Ji’nan and Qingdao relaxed the requirements of loans for different places, simplified the conditions for application, relaxed the registered residence restrictions, and so on.
According to incomplete statistics, more than 66 property market policies have been issued in January this year, mainly including loose provident fund policy, talent purchase subsidies and other supporting policies. “Implementing policies for the city and moderately correcting deviations” has become the main tone of real estate regulation.
In response to the phenomenon of housing provident fund policy adjustment in various places, Yan Yuejin, research director of the think tank center of E-House Research Institute, said that a very important reason for the reduction of provident fund loan application conditions is that due to the cooling of the real estate market last year, the liquidity of provident fund increased and the capital pool became abundant, the provident fund center had more funds to lend to applicants. At present, the market is in a sensitive period. At this time, the adjustment of housing provident fund policy is of positive significance. For buyers with reasonable housing consumption demand, it provides financial support and reduces the financial threshold of house purchase. For other cities, follow-up similar policies will further promote the implementation.
Yan Yuejin also believes that the relaxation of policies not only activates the market, but also stimulates the trading volume, which can make the market more active and play a positive role in de stocking of real estate enterprises. Therefore, some financial policies, including provident fund, will continue to be loose and warm up in the future.
It is worth noting that on February 8 this year, the people’s Bank of China and the China Banking and Insurance Regulatory Commission jointly issued the notice on excluding the loans related to affordable rental housing from the concentration management of real estate loans, which made it clear that the loans related to affordable rental housing projects were not included in the concentration management of real estate loans, and encouraged banking financial institutions to increase their support for the development of affordable rental housing.
Dong ximiao, chief researcher of Zhaolian finance, believes that the release of this policy after the Spring Festival holiday sends an obvious signal of stabilizing expectations and confidence to the market, which helps to promote the virtuous circle and healthy development of the real estate industry, so as to promote the expansion of domestic demand, steady growth and maintain the stability of the overall macroeconomic situation.
