deep development, the bank go up 5% -10% by the callback to the benchmark interest rate or “talk”; Beijing last year, a marked decline in mortgage
new year, like last year at the end of the mortgage policy is no longer so tight. Reporters learned yesterday, Beijing first set of mortgage interest rates banks have gradually return the benchmark interest rate. In the first suite rates go up 10% of Shenzhen Development Bank issued a notice yesterday the full implementation of the benchmark interest rate, and even some foreign banks prime rate discounts.
deep development, the bank was to relax
reporter yesterday found that although most of the performance standards for state-owned banks has not changed, but after the implementation of floating interest rates some banks will go up further rate cut, most banks have performed the benchmark interest rate.
October last year, CCB will first suite of mortgage interest rates go up 5%, implementation of the benchmark interest rate of 1.05 times. Reporters call yesterday, the front door of a loan to build the line center, the center staff said that the current benchmark interest rate can be performed, if the name has other loans, there is breach of contract or have to go up 5%. “The most favorable is the benchmark interest rate, but not too much to enjoy, may be asked to run two cards in my line to buy some of my line of products.” The staff member said.
another suite in the last year, the first increase in bank interest rates – the deep relaxation of policy development, it has been clear. Reporters learned yesterday from the Shenzhen Development Bank, the bank issued a notice yesterday, the first suite in Beijing to adjust interest rate policy, up 10% from the original cut to the benchmark interest rate.
ICBC, Agricultural Bank of China, Bank of China Merchants Bank, China Everbright will continue implementation of the benchmark interest rate, Merchants Bank, China may be even a bad credit situation if appropriate float.
foreign banks RMB each claim mortgage interest rate policy. HSBC customer service said that the first line of the minimum three percent down payment loans Suite, and can be appropriate on the basis of the benchmark interest rate to float downward, if a large company, a stable source of income and good credit, can apply to the 9.5 fold, if the in the bank accounts overseas or down payment of 50%, 10% discount may apply. Pushing mortgage with HSBC account manager is different from Standard Chartered Bank has been suspended mortgage, Standard Chartered Bank customer, said the bank in October last year RMB loan business has been suspended.
speed up the processing time
In addition to interest rates “can be negotiated”, but now time was significantly accelerated mortgage approval.
CCB staff, said the bank for the mortgage up to two weeks. ICBC, Bank of the processing time in 1 week. The last four quarters, due to the amount of tension, lenders need 1-2 months rafts team to apply for the loan.
“now better than last year, did not amount, anxious to buy a house can only increase lending, and for now at least the amount of this factor is not, as long as a stable income, no big problem is a good batch, usually in a week about. “Bank staff said.
client manager also suggested that with the release of the reserve fund after the cut, the bank can significantly increase the amount of time at the beginning, so customers do not have to worry the mortgage application. “We are now waiting for the head office of policy, perhaps in March this year after the first time home buyers mortgage interest rates may offer, to buy a house do not worry.” There are a number of the bank’s customer manager, said, wait until later in March for the mortgage application will be more favorable.
mortgage for the next policy, staff have indicated that poor, said: “There is no mortgage on the new documents and new policy directions are now national policy to go along, maybe someday it changed.”
Dawei, director of the Central Plains real estate research, said the real part of 2011, demand for owner-occupied housing, the discount rate from 7 to the current benchmark interest rate to go up even some of the first suite buyers to pay costs rise significantly affect the self- housing needs of the market, for the first suite of lending policies should be relaxed in 2012, so that it can just be a real help to bring prices down to enjoy the positive control.
new home loans last year, Beijing beginning of the year to reduce the 770 million
analysts said, Beijing in 2011 to reduce housing turnover, and Beijing’s most stringent enforcement of credit limits
Business Management Department Central Bank data released yesterday show that in 2011 Beijing affordable housing development loan growth was strong, individual housing loans fell significantly. For the purchase of a new house less than a year of individual housing loans to 770 million individuals for the purchase of second-hand housing loans increased 8.12 billion yuan over the beginning.
the end of December last year, Beijing affordable housing development loans increased 18.97 billion yuan over the beginning, all new housing development loans accounted for 82.6% of the amount added. Individual housing loans 355.05 billion yuan, an increase of 7.36 billion yuan. Which, for the purchase of individual housing loans new home less than a year 770 million for the purchase of second-hand personal housing loans increased 8.12 billion yuan over the beginning.
Central Plains real estate research director Dawei said that in 2011 reducing the total volume of housing in Beijing, and Beijing’s most stringent enforcement of credit limit, the limited amount of loans banks, the overall decline in total loans. 2012, overall capital remains tense, although the reserve continued to fall in the probability of the event has become a major, but it will bring money into the property market can be difficult to meet the ratio of the desirability of capital property. For the first suite of lending policies may be relaxed in 2012. It is anticipated that the 2012 Beijing property market to tight credit policy is still based.
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