Individual banks tighten 70 percent mortgage concessions the CBRC said the policy has not changed

Sales tax concessions at the end of the year to trigger a house boom half a month second-hand housing transactions doubled Beijing second-hand turnover in the last half of the November, a sharp rise.　　Beijing Real Estate Transaction Management network data show that the first 14 days of this month, Beijing second-hand housing turnover reached 13874, compared with the same period in October 97%. Since November, Beijing second-hand housing market again hot, statistics show that the first 14 days of November, Beijing second-hand housing turnover exceeded 13874, of which residential turnover reached 12283, respectively, compared to the October second-hand house up 97% and 96%.　　From October 16 to November 15, second-hand housing turnover will exceed 27000 sets, to reach the highest history.　　In addition, the United States Union property market Research Department statistics show that the first half of November, Beijing second-hand housing prices reached 12415 yuan/square meters, the average price of each second-hand housing breakthrough 1.15 million yuan, reached 1.16 million yuan. Although the property market preferential policy is still not conclusive, but by the housing preferential policy to end the impact of the forecast, the November the last half of the year, the market demand for more than 12,000 sets, compared with the same period in October, up twice times more.　　At present, second-hand housing market demand stock has broken through 50,000 sets, coupled with the impact of the increase in listings, November market transactions will probably exceed the September record of creation. A large number of homeowners are now concentrating their homes on the market because of concerns about policy changes, resulting in loss of profits. Concerns about the impending expiration of the business tax offer have led to a significant increase in listings for 3-5 years.　　In the last half of the November, the number of new listings has broken through 20,000 sets, of which the proportion of the 5-year housing is reached 66.7%, creating a history of the highest.　　U.S. joint property market research director Dawei said, the possibility of total cancellation of business tax concessions, but, mortgage 70 percent discount rate cancellation a few foregone conclusion, the proposal of home buyers to consider buying early gains relatively small area, or there is a subway open area. Individual banks tighten 70 percent mortgage concessions the CBRC said that preferential policies had not changed. Shing, vice chairman of the CBRC, said at the 2009 Beijing International Financial Forum yesterday that the CBRC had not adjusted its mortgage policy.　　The Beijing Morning News reporter found that the recent individual banks in their own space to operate, the mortgage rate of 70 percent preferential policy adjustment, transmission of tightening signals. CCB took the lead in adjusting policy. The bank's headquarters recently said that the first set of mortgage policy has been refined and differentiated adjustment, not all customers can get 70 percent interest rate concessions. CCB's new standard is: down payment of more than 40% to enjoy 70 percent interest rate, and down payment 20% can only play 85 percent.　　The policy has been implemented in cities such as Beijing, Shanghai and Guangzhou. Last week, a Nanjing media reported that China Merchants Bank completely canceled the first suite of 70 percent preferential rates, the first set of mortgage rates to the minimum rate of 80 percent. In this respect, the bank clarified that the Department of the media misreading, the head office did not receive the PBoC or the CBRC to cancel the first set of loans preferential rate of notice, the Headquarters mortgage interest rate policy has not been adjusted, has been to borrowThe level of interest rate is determined by the person's risk.　　If the customer is inferior, whether in the past or now can not get the preferential rate. At the end of last month, the news that Shanghai's 70 percent discount on personal mortgage rates would be halted next January was a big response, but the big banks in Beijing said they had not heard of the timetable. Last October, the central bank issued a preferential policy on housing loans, when the Shanghai city issued a policy document indicating the implementation of the end of this year, resulting in the market for mortgage concessions will be due to pay attention.