70 percent mortgage discount after the Spring Festival fear full exit

Commercial News (reporter Mengfanxia Huang) a stone stirred thousand layers of waves.　　Bank of China, the first to raise preferential rates, a joint-stock commercial banks yesterday also rushed to join the ranks, and more still waiting for the banks may be fully followed after the Spring festival. Yesterday, the Bank of China to our correspondent confirmed that the bank has the first suite of preferential rates from 70 percent to 85 percent, but the adjustment applies only to new loans, not for the stock of loans to adjust, which is the first public to cancel the 70 percent mortgage rate of commercial banks.　　Although the rest of the banks in the telephone interview with the reporter said it is still on the sidelines, but the reporter learned from the source, a joint-stock commercial bank yesterday was rushed to send a notice, the first suite of loans to increase the interest rate to 85 percent. "In order to increase the level of loan pricing, to increase the loan proceeds, the newly issued personal housing loan business (only including personal first floor housing loans, personal second-hand housing loans) of the loan interest rate, should not be lower than the same level of the People's Bank of the same grade commercial loan benchmark interest rate of 0.85 times times, and may not use ' independent monthly ' repayment method.　　"The bank is notified as required." As the notice was issued on a temporary basis, even some of the staff of the bank did not know.　　Reporters yesterday afternoon as a home buyer to the Bank of the credit department staff to consult, was also told that the first suite loans can still enjoy the lowest 70 percent interest rates. In fact, as early as yesterday, many banks have "only do not say" to increase the threshold for the enjoyment of mortgage rates, some banks have even secretly set the first-suite loan interest rates higher.　　Deep development of a branch of the president said that the beginning of the suite mortgage rate has floated, banks in the approval of the buyers only to provide 80 percent loan rates. "At present, the eligible buyers still provide the first suite of the minimum 70 percent discount rate, but the Spring Festival after the adjustment is not conclusive."　　According to the source, many commercial banks are also brewing the Spring Festival before and after the introduction of new mortgage rate standards. "The credit line issued by the head office has obviously not been used, and now the first suite mortgage rates are basically 85 percent." A large joint-stock Commercial Bank credit department staff revealed. ICBC, CCB staff said that at present they are waiting for the headquarters of the notice, do not rule out the possibility of higher interest rates.　　Minsheng Bank workers said the bank would "follow the crowd" if other banks were to increase interest rates on mortgages. However, some banks also intend to insist on concessions.　　The bank said it would not take the initiative to increase the mortgage rate, which would keep the lowest level required by the central bank, and the bank's credit commissioner said "It is for the benefit of our clients". Lu Ying, deputy director of the Beijing University Financial Research Center, said banks are adjusting their mortgage rates for two points: first, the Government regulates the property market, the real estate industry will face adjustment in the future, house prices are likely to fall, banks should guard against risks. Second, the current housing prices as a whole has been high, such as house prices fell, property buyers have shrunk, repayment may be problematic, banks to control risk. He also stressed that "the current mortgage market control risk is more important than the expansion of profits, large commercial banks in the risk control is always more than silverDo a good job, if they all think that the current need to guard against risk, small banks will not use mortgage rate concessions as a means to grab customers, "there may be more banks in the future to increase mortgage rates." In addition, on the "BOC will completely stop and intermediary second-hand housing cooperation," the North branch of BOC said yesterday to deny: "2010, the North Division will continue to deepen cooperation with intermediary agencies to explore a variety of cooperation models." ”