Minimum rate of first mortgage or 85 percent

Source: Internet
Author: User
Keywords First set
Shenzhen Special Zone reported that according to CCTV "Economic information broadcast", the news that Beijing and Shanghai canceled the 70 percent discount on the first housing loan has aroused great concern, and recently, the reporter learned that, according to oral notice, commercial banks to buy the first set of housing loans to implement the minimum standard will become: the minimum down payment of 30%,  The interest rate is 15% lower than the benchmark interest rate for the same schedule, which means that the first set of loans offers a minimum rate of 85 percent. Comments: Whether limited to purchase, strict loans, or after the rate hike, recruit lock the real estate investors key. In the real estate control policy to strengthen the expectation, many real estate investors have started to exit the property market.
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