Beijing Mortgage Market hit Waterloo trading volume down 30%

According to the security agency Wei Ka Company's statistics show that as of October 29 two regulation policy Full moon, the mortgage market volume fell sharply, the decline was close to 30%. After the early regulation policy, mortgage market transaction type loans mainly to rigid purchase demand for the first suite of customers, but "9 29" two regulation, the first suite of customers are also affected by the policy, down payment ratio to 30%, the borrower pressure greatly increased, about 20% of the first home buyers chose to return the list.　　And to stop the mortgage consumer loans for the use of home purchase, the market volume of the impact of large, two homes to upgrade the crowd "curve purchase" approach was intercepted. "The increase in down payment, the end of mortgage loan and the interest rate of both commercial loans and Provident Fund loans this month have a greater psychological impact on borrowers, which exacerbates market-watching sentiment and affects the decline of trading volume in the mortgage market," he said. According to the calculation, the effectiveness of this policy may continue to the end of the year, the fourth quarter trading volume is not optimistic. Wei Jia, analyst Hao. (Zhaoying)