First suite 70 percent interest rate reappear

Morning News in the case of most banks to raise the first suite lending rate to 80 percent-85 percent, some banks recently quietly to the first suite of the lowest interest rate rebate back to 70 percent. It is understood that the main reason for these banks to reduce sales is that the new property orders buyers began to cash and lead to shrinking volumes, the banks set up at the beginning of the loan growth targets become increasingly difficult to complete. "In the beginning of May, almost all banks began to raise the first-suite lending rate, at that time the shrinking of the volume is not particularly obvious, the mortgage business profits increase, turnover is not how to decline." Now months have passed and loans have started to shrink, and some hungry banks have returned to 70 percent to lure customers. "The head of the Home loan business unit of the Bank of shares said.　　Industry insiders expect that early next year will be the first suite 80 percent-85 percent discount on the overall loosening of interest rates, and, "the more the existing turnover is not good, the likelihood of a big price next year will be greater." (Securities times)