CBRC issued enhanced loan risk Management notice did not explicitly limit interest rate

Second suite interest rate still available 70 percent the CBRC notified the unrestricted interest rate, only "down payment 40%" is a hard lever bank to tighten the wind of the second suite of loans in recent years, many buyers think that the future will buy a second suite interest rate must float 10%, but reporters yesterday saw the CBRC issued to the commercial banks " Notice on further strengthening the risk management of mortgage loans found no explicit restrictions on interest rates.　　Nanjing Several Bank Mortgage department head also told reporter, buy second suite still can enjoy 70 percent discount, only the bank tightened the scope of such customers, only high-quality customers can enjoy 70 percent interest rates. "Bank tightening of the second suite loan" is a notice issued to banks under the CBRC. Reporters yesterday from the industry saw the "on the further strengthening of mortgage risk management Notice", it was June 19, the notice did not reaffirm the CBRC 07 issued "Two suites rate floating 10%"　　, but requires banks to "strictly enforce the State Council on the promotion of the healthy development of the real estate market," "the", "not by any means to reduce the proportion of the first payment." The head of a state-owned bank loan department in Nanjing told reporters the State Council document mentioned in the CBRC's notice was introduced at the end of last year, one of which was "banks can determine the level of lending interest on the basis of customer risk", and it was under this rule that banks loosened the limit of 10% of the two suite loan rate. The CBRC documents must not cover the documents of the State Council, so the interest rate of two suites of each bank as long as not less than 70 percent, is not a violation. "40% down payment is a ' hard lever '," the CBRC reiterated, less than the certainty of the violation.　　"he added. "The bank has already received the notice of the CBRC, but it has little impact on the bank," he said.　　"In order to control the risk of mortgage loans, most banks have been insisting on a down payment of 40% on the two-suite loan, and only a handful of banks have loosened their grip on the market," said one person in a joint-stock Bank of Nanjing. As for the two suites loan rate, after the announcement, the bank has not been unified up to 1.1 times times the benchmark interest rate, quality customers can still enjoy the mortgage rate of 70 percent and other concessions. "Quality customers are mainly to contribute to the bank of large customers, such as VIP customers, in the bank to deposit more customers, or have a name enterprises in the bank account customers and so on."　　"The other two suites loan client banks are based on the benchmark interest rate or floating 10% to carry out, but the current bank on these customers do not have specific criteria, so the interest rate is mainly based on customer risk tolerance, repayment capacity, etc. to determine, customers can also negotiate with the bank. However, the industry also said: "Now can enjoy 70 percent, 80 percent discount two suite customer ratio has been reduced, unlike before so much, in this respect, the bank did tighten two suite loans." However, he also said that the CBRC's notice is to combat the current resurgence of property speculation, in order to curb the rapid rise in house prices, to prepareIt's good for people who buy the first set of homes or improved homes. Xu Tianying Chen Chunlin