Bank of China takes the lead in raising interest rates on mortgage loans bridges

Experts point to the bank's rise in the interest rate on mortgage loans is that other banks may follow the lead of BOC to raise the rate of mortgage loans, how many BOC customers will be affected? Reporters yesterday after the investigation found that with the bank agreed to "interest rate concessions" customers, will be the first to become the bank of this wheel moving knife object. The proportion of these customers may not be as broad as previously expected, especially in the Guangzhou market, where "most customers do not have a period of interest rate concessions with BOC". But the impact of the bank's move, experts say, is that "other banks may follow suit".　　As of yesterday, when the press, CCB, ICBC and other banks are still on the sidelines, did not introduce adjustment of the stock house credit rate policy. The general edition contract still enjoys the discount "the adjustment of the interest rate of the stock loan is not a one-size-Fits-all", the reporter yesterday after several twists and turns to investigate, found that most of BOC's customers may continue to enjoy preferential interest rate policies.　　BOC's policy also clearly pointed out that the increase in the stock of mortgage rates should be "in accordance with the contract with the customer agreement." "General Edition" contract has no specified interest rate preferential period Guangzhou Bank of a lender yesterday to reporters that the current Guangzhou market customers and BOC signed the loan contract is "General Edition". Among them, BOC and the customer in the contract 53rd of the loan interest rate is "on the basis of the loan benchmark interest rate (bottom) float", the specific floating range by the two sides agreed. Under the contract, the bank has the right to adjust the interest rate of the loan, except for the "adjustment of interest rate or interest to the PBoC".　　　　In other words, there is no time limit for mortgage interest rates, unless the state issued a provision to cancel the discount, all banks must be executed, BOC can cancel the concession. Two kinds of contract hidden interest rate terms reporter learned that in addition to the "General edition", BOC and customers in the mortgage contract there are two other situations: one is from the first quarter of last year, the Bank of BOC issued a mortgage contract supplementary agreement notice, set mortgage interest rate concession period of 2 years, the interest rate after the expiration of the new adjustment,　　Some customers who enjoy preferential mortgage rates have signed the agreement. Another situation is from January 1 this year began to release the new mortgage contract text, which also clearly stipulated that the mortgage interest rate concession period of 2 years, the interest rate after the expiration of new adjustments.　　This new contract is not implemented in many branches, including Guangzhou.　　"Both of these practices have hidden the term" mortgage interest rates, "a banker said, after the interest rate concession expires, BOC will be able to sign such a contract for customers to take stock mortgage interest rate adjustment.　　Mortgage interest rate concessions since 2008, most of the banks and buyers of the contract did not like the bank agreed to the terms of the concession, so other banks if also with the wind on the stock of mortgage-driven knives, there is no basis. None of the other banks have agreed on preferential terms it is noteworthy that BOC's practice of agreeing on a concessionary period in the terms of the contract is not common. Huang, deputy director of the management of the mortgage business, said to this newspaper that, according to her understanding, mortgage rate concessions since 2008, most of the silverLine and the buyer's contract does not like the Bank of China, such as agreed to a preferential period, so other banks if also with the wind of the stock of mortgage-driven knives, there is no basis.　　This has also led to BOC mortgage customers to Bank of the practice of "criticism." Kobayashi two years ago, the benchmark rate of 85 percent and BOC signed a loan agreement, for the practice of BOC, she felt wrong, "2008 many people because interest rates can play 70 percent and loan home purchase, especially from the home, now canceled, feel very hurt."　　Kobayashi said, many friends said, if the bank has any concessions, also dare not easily believe, because you can "turn up" at any time.　　Many home buyers also reflected that BOC in the economic downturn, with low interest rates to attract a large number of customers, "is one of the most powerful credit banks," now the economic recovery, to "improve the bank net spreads, improve bank earnings," the reason to raise, "lack of contract spirit."　　Huang said the bank's approach also affected customers at other banks, "and many other banks are now scrambling to see if their lenders will take similar measures," Huang says, with many buyers feeling rather hesitant. Buyers have no default banks have no reason to cancel concessions BOC first announced the increase in the stock of mortgage interest rates, in recent days to arouse the industry's hot debate. Shoven, a real estate expert, said the country had launched a 70 percent mortgage rate for first-time homebuyers in 2008 to encourage housing consumption in order to bail out the bailout. 2010, as the property market regulation of the wind gradually tightened, 70 percent of the mortgage gradually withdrew from the stage of history. In 2009, when the buyers congratulated themselves on the 70 percent interest rate, the Bank of China took the lead on the group and raised the interest rate on the mortgage, which is "the banks blatantly bridges and Tusigoupeng." "According to Shoven, in accordance with the policy spirit of introducing special policies to encourage reasonable housing consumption in a specific period, there is no reason for banks to withdraw this preferential policy in the absence of a default or concealment of real home ownership conditions."　　Even if a commercial bank loses money, it should not be paid by the people. Analysis of the owner's mentality according to Zhongyuan Real Estate, the current five cities of second-hand housing owners divided into several cases, some do not worry about the owner of the money to sell prices, on the sale of sublet, repossessed listing. Another part of the short-term speculative homeowners are selling houses at low prices.　　　　In addition, there is a maintenance of the original price does not move, but there are about 5% of the bargaining space.　　Five cities in the housing market cooling second-hand transactions more than 30% of the Central Plains real estate statistics April 14 after the introduction of a week of data found, affected by the new deal, Beijing, Shanghai, Guangzhou, Shenzhen, Tianjin and other five major cities in the second-hand housing market purchase customers suddenly reduced.　　Among them, the biggest decline in turnover for Shenzhen, the decline of 82%, Beijing ranked third, the decline also reached 45%. Statistics show that the week before and after April 14, due to some of the homeowner selling houses, the five major city second-hand housing listings have increased, of which, Beijing's biggest increase, 49%. (FA Night)