Beijing Provident Fund 5-year interest rate hike to 4.5%

Commercial News (reporter Qilin) although the Provident Fund is followed by the increase in interest rates, but due to the lower base, the same conditions under the loan to continue to expand the monthly supply gap.　　According to the relevant notices of the Department of Housing Construction, Beijing Housing Provident Fund Management Center raised interest rates from yesterday, the 5-year loan rate from the previous 4.3% to 4.5%, on the basis of the calculation, the same 20-year period of 800,000 heads of housing loans, Provident Fund loans and commercial loans for the monthly difference of up to 950 yuan. The new regulations are clear, February 9, 2011 (including) after the issuance of personal Housing Provident Fund loans, the implementation of adjusted personal Housing Provident Fund loan term grade rate.　　A loan contract has been signed, and the lending date of February 9, 2011 (inclusive) After the individual Housing Provident Fund loans, the borrower must sign the adjustment of the loan interest rate of the notice before the issue of personal Housing Provident Fund loans. It should be noted that the previous "old loans", the new provisions are clear, February 9 (excluding) previously issued Housing Provident Fund loans, the period of one year (including one year) within the individual Housing Provident Fund loans, February 9, 2011 still carry out the original interest rate, not segmented interest　　The individual Housing Provident Fund loan with a term of more than one year, after February 9, 2011, still carry out the original interest rate, starting from next year, January 1, 2012 (including), the implementation of adjusted personal Housing Provident Fund loan term grade rate. "Although the Provident Fund has raised interest rates again, it is more obvious than the advantages of commercial loans, with the first suite raising the rate gap from 1.14% to the current maximum of 2.1% per cent." "Hao, chief analyst at the credit agency, said after the Provident Fund and commercial loans both raise interest rates, in the first suite of loans, commercial loans First suite has basically been restored to the benchmark interest rate, the discount is no longer, compared to the Provident Fund lower loan rate, can save the borrower some monthly repayment and interest payments.　　In the second-hand housing loan, the current commercial loan two suite down payment has been adjusted to 60%, while the Provident Fund loans two of the down payment still enjoy 50%, borrowers use Provident Fund loans to purchase a lower down payment pressure is relatively small. It is so, many buyers in the interest rate after showing a tendency to Provident Fund loans to purchase the will. "At present, Beijing Provident Fund loan ceiling of 800,000 yuan, to the first suite 30% down payment calculation, that is, if the room within 1.2 million yuan, Provident Fund loans on special to force, as long as can pay 300,000 yuan down payment, the remaining Provident Fund loans can solve the problem." But a real problem is that at present, the Beijing property market, in addition to policy room, the flat price of commercial housing almost all over 1.5 million yuan, so, unless the buyers can pay 40% or more than 50% of the down payment, otherwise 800,000 Yuan Provident Fund loan is not enough. "Hao said. And so it is, a number of buyers and insiders called for the rising interest rates and real estate control and support the housing and improve the needs of the background, the Beijing House Provident Fund Center can consider the appropriate increase in loan ceiling, in order to better realize the Housing Provident Fund system to help the settlement of housing difficulties of the policy intention.