Industry speculation: Mortgage policy may change

In the wake of the official sound of the rapid rise in housing prices, yesterday's real estate stocks fell collectively to respond.　　And the reporter yesterday from a number of banks in Shanghai to understand that, because of the clear use of financial means to strengthen and improve the regulation of the real estate market, mortgage policy in the first set of mortgage concessions in the dark to varying degrees of "shrinkage." The Bank's customer service hotline told reporters that although the public housing policy has not changed, but customers need to go to each area to understand the network, the actual implementation of the standards may have access.　　With the rapid rise in prices in Shanghai, the loan application to meet the general housing conditions has been significantly reduced, the current two sets of mortgage rates for most Chinese banks have risen by 10%. "The problem now is that the first mortgage offer may also be moving," he said.　　"A state-controlled bank's mortgage business client manager Zhang told reporters that because the bank thought the current housing prices are too high, so now the first mortgage application of 20% down payment is very difficult, basic will require 30% down payment. In addition, the first set of mortgage interest rate discounts also face a narrowing. Banking industry, Miss Zhang revealed that the official notice has not been issued to branch outlets, but the line has been reported that the new application of the first mortgage rates will return to 85 percent. For a loan that has been downgraded from 85 percent to 70 percent at the beginning of the year, it will decide whether to raise it again to 85 percent per cent according to central bank rules. Source: Shanghai Youth Daily