BOC First Suite rate up to 85 percent

(reporter Shang Chowa) said yesterday that BOC had issued a notice last week that the preferential rate for the first suite would rise from 70 percent to 85 percent. The reporter subsequently confirmed the news from the branch of Guangdong province. Industry insiders believe that since the bank has formally sacrificed the new deal, other banks will follow up sooner or later.　　This means that the first suite interest rate preferential policy to be introduced at the end of 2008 will be history.　　Down payment raise interest rate can still hit 70 percent reporters yesterday survey found that the net, for the first-suite interest rate policy, the "down payment" is closely related to the "interest rate discount": If the customer is willing to raise the down payment ratio, the bank is willing to raise the interest rate discount; On the contrary, if you want to reduce the down payment, then the 70 percent discount rate is very difficult Reporters to the identity of the customer asked the bank network, BOC a branch of the mortgage account manager told reporters yesterday, just received the notice, the first set of mortgages if down 20%, you can not enjoy the 30% discount rate, the interest rate can only float down 15%, if you want more favorable rate, you can only increase the down　　If a down payment of 2.3, the interest rate can be hit 70 percent.　　BOC subsequently gave a written reply to reporters that, in order to further implement the differentiated credit policy and optimize the loan structure, the Bank of China has recently adjusted the pricing of individual housing loan rates appropriately, reducing the interest rate concession for individual housing loans. ICBC has not followed up on the bank, other banks follow up. The reporter learned that, CCB, Everbright Bank regulations, if a down payment of 20%, the interest rate can only float 25% and 15%. CCB Wuyang Xincheng Sub-branches told reporters that for the first set of housing only 40% more than a down payment to enjoy 70 percent interest rates, if the down payment of 20%, the interest rate can only play 85 percent.　　But for the 70 percent discount rate cancellation, CCB Guangdong branch to the reporter's written reply, said, and did not receive the relevant notice.　　Everbright Bank Branch Account Manager also disclosed that the bank has just issued the latest down payment and interest rate standards, the area of 144 square meters below the first home purchase can not enjoy a 30% discount rate, if the down payment of 40%, the interest rate can be down 25%, this discount for the current approval of the highest standards.　　And AgBank, ICBC, CMB, Societe Generale, Deep development, Guangdong, and other banks have not followed up, the policy has not changed, still can down 20%, the interest rate up to 30%. Billion mortgage related people said that only BOC has made it clear that the first home purchase rate can only float 15%, other banks have not yet changed, but since a bank has opened its head, other banks may also follow up.