Bank of BOC first to raise stock of loans

Stock first set, two sets, three sets and above mortgage interest rate floating ratio adjusted to the benchmark rate of 0.85 times times, 1.1 times times and 1.2 times times Zhou Jingya after the banks have responded to the State Council to implement the differential housing policy requirements, commercial banks for the implementation of mortgage policy or will be extended to the stock of loans. The Bank of China (601988.SH,03988.HK, hereinafter referred to as "BOC") announced in Friday that it would strictly implement a dynamic and differentiated personal housing loan policy.　　With regard to the stock loan, BOC said that it would adjust the rate of the first set, two sets, three sets and above to 0.85 times times, 1.1 times times and 1.2 times times of the benchmark interest rate respectively in accordance with the agreement with the customer contract.　　According to the "First financial daily" understanding, in the Bank of China's first to the stock of mortgage "move Knife", there are no banks to follow up, most banks are still on the sidelines. Does this mean that there is no "70 percent discount" for BOC's existing mortgage clients?　　Bank of BOC headquarters in an interview with the newspaper said, to see "contract provisions", because the various branches in the last round of interest rate reduction in the specific implementation is not the same, if the loan contract stipulates that "permanent 70 percent" provisions can still enjoy 70 percent, but the loan contract if there are provisions that "interest rate will be adjusted at any time", it should be adjusted according to the current provisions. According to this newspaper, this is also the first bank to publicly say that the interest rate on the stock loans will be adjusted. Yesterday, a medium-sized bank mortgage owners told this newspaper, the bank's home loan policy has not yet involved in the stock of loans, the industry has not much of this initiative.　　However, the person said that the three suite policy, the banks basically choose all regions to suspend loans. "BOC is in accordance with the country's requirements to implement the package of housing policy, specific in the implementation of the various branches can be based on different regions, different customers to treat."　　Said the head of the bank. BOC also made a detailed account of its new deal: residents to buy the first set of building area under 90 square meters of housing and security housing, continue to give the benchmark rate of 0.85 times times the interest rate discount; For families with the first set of housing and the building area of 90 square meters, the loan down payment is not less than 30% For families that have used loans to buy homes and apply for a loan to buy a second home, the down payment is not less than 50% and the interest rate is no less than 1.1 times times the benchmark rate. At the same time, the third and above housing loans are suspended in principle. Non-local residents who are unable to provide proof of local tax or social insurance payments for more than 1 years are temporarily suspended from buying housing loans.