About 40% of home mortgage concessions have been canceled or reduced

China Securities News reporter learned that at present, the construction Bank, the Bank of China has canceled or adjusted personal first set of mortgage 70 percent discount, the two banks in the housing mortgage loan share of about 40%. Other large state-owned commercial banks are also brewing to adjust the preferential rate of mortgage loans.　　Some of the joint-stock commercial banks and foreign banks have not expressed their willingness to adjust the preferential policies of the loans. BOC 2nd made clear that it has lowered the rate of personal housing loan interest rates. BOC is not the first bank to adjust mortgage concessions.　　It is revealed that the domestic mortgage business market share of the largest construction bank, the end of 2009 has been low-key completion of mortgage interest rate policy. At the end of last November, CCB issued a fairly rigorous demand for individual housing loan rates. According to the different customer's risk level, down payment ratio, the nature of the house purchased and the survival of the loan, the bank has stipulated about 14 kinds of interest rate implementation standards, and the preferential threshold of the mortgage has already been raised significantly. For example, customers who first buy a regular home have a customer with a down payment of 30% to 40%, with the exception of a down payment of more than 40%, who may continue to enjoy a 70 percent discount rate.　　Mortgage concessions have narrowed down to more than 75 percent per cent, if the customer's lower down payment, the preferential interest rate will be increased, the construction bank on the down payment of about 20% of the customer's implementation of the bottom line is 85 percent. At present, ICBC and ABC still carry out the first set of 20% down payment, the benchmark rate of 70 percent of the prime mortgage rate policy. ICBC people said that the construction bank, the bank has adjusted the mortgage preferential rate, the market guidance role is very obvious, it is expected that other commercial banks will be followed up in the future, the mortgage interest rate policy to make appropriate adjustments.　　Now whether the 70 percent discount rate depends on the time to sign the contract, the policy may change at any time. Joint-stock banks and foreign banks have not followed up quickly, and many joint-stock banks are still implementing preferential interest rate policies. A joint-stock banker said, now the senior level to whether to make adjustments, on the one hand, the interest rate of 70 percent pricing does make many small banks in the mortgage business unprofitable; On the other hand, the housing mortgage loans are not small and medium-sized commercial banks, in the big bank adjustment policy, joint-stock banks can rob some Expand the share of the housing mortgage market.