Housing Provident Fund loan rates rise by 0.2% yesterday

After the adjustment of five-year interest rate of 4.7%, nearly 70 percent commercial and credit reporter Yu Zhang City Ministry of Housing and Urban Construction yesterday issued a notice, decided to raise the individual Housing Provident Fund interest rates.　　The lending rate has been raised by 0.2%.　　Provident Fund interest rate adjustment caused a lot of buyers concern: some buyers pointed out that the adjustment, the five-year Personal Housing Provident Fund loan interest rate will reach 4.7%, has been very close to the same period of 70 percent of the rate of business loans.　　According to the external notice, the accumulation of personal Housing Provident Fund deposit interest rate increased by 0.1%, from 0.4% to 0.5%, the Personal Housing Provident Fund deposit interest rate increased by 0.25%, raised from 2.6% to 2.85%.　　Five-year Personal Housing Provident Fund loan interest rate increase of 0.2%, from 4.5% to 4.7%, five-year (including five years) Personal Housing Provident Fund loan interest rate increase of 0.2%, from 4% to 4.2%.　　The ministry's notice also pointed out that the use of Housing Provident Fund loans to support the pilot work of housing construction, the loan rate in accordance with the five-year Personal Housing Provident Fund loan interest rate floating 10%.　　Although this increase is not the same as the previous two, but the gap between the Provident Fund loans and the preferential interest rate of business loans quickly narrowed: according to the latest interest rate, five years above the benchmark interest rate of 6.8%, after the purchase of the first house owners if the owner of the 70 percent preferential policy, the loan rate is 4.76% "At present in the interest rate channel, there will be several moves in the future, it is expected that the Provident Fund loan interest rate may be higher than the business loan preferential rate."　　"Industry analyst. It is noteworthy that, as the current major banks have basically abolished the first set of mortgage interest rate concessions, after a continuous rate hike, Housing Provident Fund loans and commercial loans between the "spreads" further expanded. 5-year commercial loan interest rate is currently 6.8%, the Provident Fund is 4.7%, the two spreads as high as 2.1%, the advantages of Provident Fund loans further highlighted.　　Assuming the same loan of 800,000 yuan, 20-year matching principal and interest repayment, Provident Fund loans will be less than commercial housing mortgage loans to pay a total of more than 230,000 yuan. In addition, as most banks implement new mortgage rates on the next year's day, the customers who borrow before the rate hike will also implement interest rates at the end of the year, and "mortgage slaves" do not have to rush to repay their loans in advance. After April 6, clients will implement the new rate.