Heze's exposed down payment ratio dropped to 2%
Heze's exposed down payment ratio dropped to 2%, and the four major banks in Heze lowered the down payment ratio of individual housing loans in the city, and the down payment ratio of "no house and no loan" buyers dropped to 2% from the previous minimum of 3%. Heze was exposed to a minimum down payment ratio of 2%. Heze's exposed down payment ratio dropped to 2% at the minimum. 1
On February 17th, there were rumors in the market that from February 14th, Shandong Heze Industrial and Commercial Bank of China, China Construction Bank and Agricultural Bank of China, the down payment ratio could be 2% for buyers with no housing and no personal housing loan record, 25% for those with mortgage record and no housing, and 25% for those with first home interest rate and no mortgage record, or those with real estate after mortgage settlement (unlimited number of sets).
regarding this market news, Pan Hao, a senior analyst in RealData, believes that the adjustment of the down payment ratio, especially for the first suite, will help to release the rigid demand for house purchase and has positive significance for accelerating market stability. "Based on the data of the previous two years, the real estate market was over-repaired in 22 and peaked in 221, while the average sales area data for two years was similar to that of 219, which shows that the overdraft of the real estate market from the second half of 22 to the first half of 221 is being repaired. At this time, the introduction of policy incentives just to enter the market is the need to stabilize the market. " Pan Hao said.
The data shows that there have been two market bottoming processes in the past ten years, namely "214 -215" and "22 -221", which are at two low points of the growth rate of commercial housing sales area in China, and they are accompanied by a series of regulatory policies in the process of market bottoming, which drives the growth level to stop falling and stabilize.
Pan Hao said that such policies have the same transmission path in terms of credit, starting with the credit interest rate, then adjusting the policies related to provident fund, and finally transmitting to commercial loans. The adjustment of commercial loan policy sends a signal that the market is bottoming out. As the first half of 222 is still at the peak stage of the debt maturity of housing enterprises, the financial pressure of housing enterprises is still relatively large, and the introduction of relevant policies is also conducive to stabilizing the operation of housing enterprises. Heze was exposed to a minimum down payment ratio of 2%. 2
Recently, it was reported in the market that the down payment ratio of ICBC, CCB and ABC in Heze City, Shandong Province decreased by 1 percentage points compared with the previous one for buyers without housing and personal housing loan records.
On February 17th, according to Zhongxin Jingwei, the reporter learned from the relevant business outlets of Bank of China, Agricultural Bank of China, Industrial and Commercial Bank of China and China Construction Bank in Heze City, Shandong Province that the four major banks lowered the down payment ratio of individual housing loans in this city, and the down payment ratio of "no house and no loan" buyers dropped from the previous minimum of 3% to the minimum of 2%.
The staff of relevant outlets of Bank of China, Agricultural Bank and Industrial and Commercial Bank of China in Heze confirmed that "this policy is implemented in Heze".
According to china securities journal, the account manager of the loan department of a business outlet of China Bank Heze said: "However, it depends on whether the lender has no house and no loan, and also depends on the specific property. If the property is set at 2% when the cooperative bank declares, it can be operated, but if it is set at 3%, it will not work. However, most of the properties in Heze should be operated at 2%. "
According to a report by Cailian on the 17th, a credit manager of Heze Agricultural Bank confirmed to reporters that the down payment ratio of the bank's "no house and no loan" buyers has indeed been reduced from 3% to 2%. At the same time, the loan interest rates of the first suite and the second suite were reduced from 5.95% and 6.14% at the end of last year to 5.6% and 5.95% at present.
According to 21st century business herald, a Notice on Adjusting the Down Payment Ratio of Personal Housing Loans, which the reporter learned from the persons in charge of housing loans in two branches of the Construction Bank in Heze area, shows that except for the down payment ratio of "no housing and no loans", the down payment ratio of other situations has also been adjusted, specifically:
Apply for households without housing (excluding rural collective land houses, the same below) and no personal housing loan records.
For households with no housing and personal housing loan records, who have settled or actually own one house but have no loan record, if they apply for loans to buy ordinary housing, the down payment ratio can be 25%;
the households that actually own one set under their names and have corresponding housing loan records. Apply for loans to buy ordinary housing, the down payment ratio can be implemented by 3%;
for households that own two or more houses and have no personal housing loan records or have settled their electricity bills, if they apply for loans to buy houses, the down payment ratio can be 4%. The notice will come into effect on February 14th.
According to Cailian, an ICBC lender, the local mortgage amount is sufficient, and loans can be made after approval. However, at present, due to the Spring Festival holiday just ended, the business volume of the branch is not large, which is basically consistent with the lending law in previous years.
according to several local real estate agents, the three major banks of industry, agriculture and construction have started the above-mentioned adjusted loan policies simultaneously recently, but the specific implementation may be slightly different for specific customer groups. For example, one of the banks still implements a 4% down payment ratio for buyers with two or more properties under their names. In addition, for some reputable buyers, the interest rate of the first home loan will also be preferential.
"The adjusted mortgage interest rate is basically concentrated at 5.6% and 5.9%." Another real estate agent said that the general interest rate of "the first house is the first loan" is 5.6%, and the buyers who have a house and a loan (have a house under their name and should have a set of housing loan balance) carry out the interest rate of 5.9%, but if they have two or more houses under their names but the mortgage balance has been paid off, they can still enjoy the low interest rate of 5.6%.
It is conducive to the release of rigid housing demand
According to industry insiders, since 221, under the constraint of the concentration of real estate loans, the practice of 2% down payment has been very rare.
According to china securities journal, "2% down payment is an obvious signal of policy easing. This Heze policy has started the first shot of reducing down payment for housing mortgage loans, which is also related to the current real estate market situation and changes in the financial situation." Yan Yuejin, research director of the think tank center of Yiju Research Institute, said that although Guangxi Beihai and Sichuan Zigong have previously reduced the down payment ratio of provident fund loans, reducing the down payment requirements for commercial loans is the most critical.
according to the monitoring data of yiju research institute, in the second half of 221, the real estate market in Heze city cooled rapidly. After the sales of new houses in Mudan District of Heze City reached a stage high in October 221, both the transaction volume and the average transaction price dropped rapidly.
Data source: Yiju Research Institute
In 222, the commercial housing market in Heze continued to adjust. According to institutional data, in January this year, about 1,8 sets of new houses were sold in Heze City, which was about 5% lower than the ` 1,9 sets in December last year and about 42% lower than the 3,1 sets in January last year.
according to the results of the seventh national census, the permanent population of Heze city is about 8.796 million.
Pan Hao, a senior analyst in RealData, pointed out that the adjustment of mortgage down payment ratio in some places, especially for the first suite, is helpful to release the demand for rigid housing and has positive significance for stabilizing the operation of the real estate market. Pan Hao also said that the first half of 222 is still at the peak stage of the debt maturity of housing enterprises, and the financial pressure of housing enterprises is still relatively high. The introduction of similar policies is also conducive to stabilizing the operation of housing enterprises.
Chen Wenjing, deputy research director of the Index Division of the Central Finger Research Institute, also said that lowering the down payment ratio will release a positive signal, which is expected to boost the local market sentiment to some extent. At the same time, it is not ruled out that more cities will follow suit in the future, especially some third-and fourth-tier cities with greater market adjustment pressure.
The mortgage policy has been adjusted intensively in many places since this year
Besides Heze, there have been many mortgage policy adjustments since this year.
On January 12th, Guangxi Beihai Housing Provident Fund Management Center issued the Notice on Adjusting Housing Provident Fund Loan Policy, which made it clear that the down payment ratio of provident fund loans should be reduced, making it the first city in China to reduce the down payment ratio this year.
On January 18th, the Housing Provident Fund Management Center of Zigong City, Sichuan Province issued the Notice on Issues Related to Adjusting the Housing Provident Fund Policy, which relaxed the policy of identifying the number of housing units and implemented the identification standard of "only recognizing loans but not recognizing houses".
in addition, Nanning has raised the maximum loan amount plan from 6, yuan and 5, yuan to 7, yuan and 6, yuan. For families who have paid the housing provident fund for two consecutive years and have given birth to two or three children according to the national birth policy, Ningbo City increased the maximum loan amount of the housing provident fund from 6, yuan/household to 8, yuan/household when applying for the provident fund loan to buy the first home for the first time. Jinan City and Qingdao City have relaxed the requirements of provident fund loans in different places, simplified the application conditions, relaxed the household registration restrictions and so on.
According to incomplete statistics, in January this year, there were more than 66 policies on the property market, mainly including supportive policies such as loose provident fund policy and housing subsidies for talents. "Policy-making due to the city and proper rectification" has become the main tone of real estate regulation and control.
Yan Yuejin believes that the relaxation of the policy not only activates the market, but also stimulates the transaction volume, which can make the market more active and will also have a positive effect on the destocking of housing enterprises. Therefore, some financial policies, including provident fund, will continue to be loose and continue to pick up.
(statement: the contents and data in this article are for reference only and do not constitute investment advice. Investors operate accordingly at their own risk. ) Heze was exposed to a minimum down payment ratio of 2%3
Recently, a document of a large state-owned bank in Heze, Shandong Province to adjust the down payment ratio of personal mortgages was circulated on the Internet. On February 17th, according to Zhongxin Jingwei, the four state-owned banks of industry, agriculture, China and China Construction did reduce the down payment ratio of individual housing loans in the city, and the down payment ratio of "no house and no loan" buyers dropped from the previous minimum of 3% to the minimum of 2%.
"At the same time, it depends on the specific property. If the property is set at 2% when the cooperative bank declares, it can be operated, but if it is set at 3%, it will not work. However, most of the properties in Heze should be operated at 2%. " The account manager of a business outlet of China Bank Heze further said in an interview with china securities journal.
according to the monitoring data of yiju research institute, in the second half of 221, the real estate market in Heze city cooled rapidly. After the sales of new houses in Mudan District of Heze City reached a stage high in October 221, both the transaction volume and the average transaction price dropped rapidly.
"The 2% down payment is an obvious signal of policy easing. This Heze policy has started the first shot of reducing the down payment for housing mortgage loans, which is also related to the changes in the current real estate market and financial situation." Yan Yuejin, research director of think tank center of Yiju Research Institute, said,
Zhang Dawei, chief analyst of Zhongyuan Real Estate, pointed out that the impact on the market by reducing the down payment ratio in Heze market is expected to be limited, but for other cities in the country, confidence has a greater impact. The change of down payment percentage represents the turn of the overall real estate policy. Supporting the purchase of the first suite will become the main direction of future policy changes.
Previously, the provident fund loan policy has been relaxed in several cities across the country, but the personal commercial mortgage policy has not been loosened. However, according to Beijing Youth Daily, experts pointed out that Heze is a non-restricted city, and this adjustment is in line with national policies.