CMB clarifies 70 percent discount rate

CMB cancels 70 percent discount rate?　　It's fake! China Merchants Bank general manager of the personal Banking department through the morning News of the rumor: The housing policy has not changed, previously rumored to be media misreading yesterday, about "China merchants banks take the lead to cancel the first set of mortgage 70 percent interest rate concessions" rumors, which let the end of this already fragile mortgage market immediately "fried pot On this rumor, the morning news reporter yesterday to call the Bank Headquarters personal Banking Department general manager Liu Jianjun, the results confirmed that this is a false alarm. Liu Jianjun through the morning newspaper "rumor", said the bank's mortgage interest rate policy has not changed, the first set of mortgage rates can still hit 70 percent.　　In particular, he stressed that a recent report on the "CMB's Nanjing Branch unilaterally declared that the first mortgage would no longer enjoy a 70 percent discount, up to 80 percent" was a misreading of the media. The head of the Bank of ICBC rumor: The first set of home loans still have 70 percent interest rate concessions in 70 percent mortgage rates are undecided, the market is also out of Nanjing, the start of the home loan preferential rate up to 80 percent of the news, so many home buyers nerves again tightened. The report said: "A few days ago, China Merchants Bank issued a notice, clearly stipulated the first set of mortgage interest rate increase to 80 percent, two sets of mortgage interest rate floating 10%."　　"Since then, it has been reported that the adjustment will take effect recently and other banks may follow suit." The head of China Merchants Bank Shanghai Branch said in an interview with the Morning News reporter, the Shanghai Merchants Bank's mortgage policy has not changed, so far, has not received a notice to adjust the interest rate policy.　　China Merchants Bank has continued to enforce regulations in Shanghai: The first mortgage rate can hit 70 percent. Liu Jianjun, general manager of the personal Banking department in charge of the mortgage business at the Bank of ICBC, said that CMB had not recently introduced any adjustment policy for the first set of 70 percent interest rates, while some recent media reports were misreading and untrue. "CMB's mortgage rate policy has not changed, has always been to the borrower's default risk to determine the rate of float down the standard, if it is a high-quality customer, now apply can still get 70 percent discount rate, if the customer is poor, even in the past, but also not to get preferential interest rates, and interest rates to float. Liu Jianjun also said that so far, CMB has not received the central bank or the CBRC to cancel the first set of home loans preferential rates notice. Insiders reported: The Nanjing branch of the Bank of the Bank of the "Oolong", according to a person who did not want to be named, said that after the company's Nanjing branch may indeed have introduced a mortgage rate adjustment program, the result was the media interpreted as "cancellation of the first set of mortgage 70 percent discount rate." "As if the head office knew this afterwards, also had the Nanjing branch to scold a meal."　　"The insider said that at present all branches to the headquarters of the stick is that the mortgage rate policy unchanged." However, according to the reporter understand, China Merchants Bank in Shanghai and other place has launched the "balloon loans" and other ultra-low-interest products have been halted.　　Previously, the bank's "Balloon loan" products issued a minimum interest rate of only 3.78%, equivalent to 5 years and above the benchmark interest rate (5.94%) dozen 63 percent. However, most of the banks in Shanghai, although stressed that the housing policy has not changed, but also said that, regardless of the first set of loans alsoIs two sets of mortgage, whether to give interest rate concessions, all depends on the customer's specific circumstances. One state-owned banker admits that with the completion of the full year, some of the bank's lending has not been positive for the next one months and will certainly be less favourable. Intermediary received notice: the interest rate policy before the end of some buyers reflect, "11" after, even the first home purchase, in some banks to apply for mortgage 70 percent discount rate will also hit the wall.　　For CMB to take the lead to abolish the first set of mortgage 70 percent discount rumors, many interviewed bankers and buyers are believed. Yesterday afternoon, the reporter visited Zhongshan Park and other areas of real estate agents. A property consultant said that despite rumours of a 70 percent discount rate on the market, the intermediaries have not received any relevant notices from banks, and in contrast, recent banks have made it clear that they will not adjust the preferential interest rate policy for their first mortgage until January 1 next year. Zhongyuan Real Estate, Familia, Taiwan and other well-known real estate agents in Shanghai confirmed that recently received a bank will not adjust the mortgage policy notice.