Pass 70 percent interest rate will stop Chengdu not receiving notice

Several commercial banks are rumoured to have 70 percent mortgage rates likely to be halted from next January, central bankers said the rumors were not confirmed yesterday (29) day reported that a number of commercial banks began to circulate within the base rate on the basis of 30% of the preferential mortgage rate, may be halted from next January, The policy is expected to be announced as early as next month. "There is no confirmation of rumours," said a relevant person at the central bank's information service yesterday.　　"Reporter yesterday (29) Day from the CCB Chengdu Branch, China Merchants Bank Chengdu Branch, and other commercial banks to understand that the current commercial banks have not received the preferential rate of loans will be adjusted notice." Chengdu has not received a notice of the report said, Shanghai Everbright Bank insiders said that the mortgage preferential rate will be adjusted news from the leadership level: "should not be groundless." "We have just heard rumors, but there are no formal documents or guidance," said a credit manager at CCB Shanghai Branch. "For the above rumors, Shenzhen Development Bank Chengdu Branch of the relevant head of the Gold department that there is theoretically the possibility of cancellation of preferential interest rate policy."　　However, as the rate of 30% floating downward the preferential policy itself is more complex, how to target the different stages of loans to customers to define the cancellation method, will be the key to policy adjustment. The director immediately said that the headquarters has not yet received a notice of the adjustment of mortgage rates.　　At the same time, CCB Chengdu Branch, Merchants Bank Chengdu Branch, and other banks related to the director of the said did not receive notice.　　Interest rate concessions or the end of next year in response to the financial crisis brought about by the housing market decline in October 2008, the People's Bank of China, since October 27, the rate of commercial personal housing loans to float to 70%, which is commonly known as the "70 percent interest rate preferential policy", and the minimum first payment ratio adjusted to 20% Since then, about October 27 before the old customers can enjoy 70 percent preferential rates become the focus of the bank "melee", and directly led to the bank to compete for customers. By the end of 2008, virtually all banks had adjusted their lending ratios to old customers. "If the client's loan contract was a 15% per cent float and then a temporary adjustment of 30%, it would likely return to 15% next year," he said. How customers who signed up after October 27 last year will be adjusted is not yet predictable. Next January, new clients may be expected to follow the new rate standard.　　"An analysis by a banking community. In addition to the mortgage rate policy, some of the real estate-related financial signals are also tightening signs.　　A number of Chengdu second-hand housing intermediary agencies, second-hand housing loans are mostly in the submission but not approved the stage. "This situation is related to the bank's early completion of the annual lending target and to a loose loan review until early next year, but the policy is not good," said a staff member at the Chengdu Branch. ”