Provident Fund Loans New Deal impact on low-end buyers

April 30, "Beijing property market New Deal" issued, the major banks have begun to strictly implement the second suite down to 50%, and temporarily suspend the third set of mortgage policy. Today (May 5) Beijing Housing Provident Fund Center also followed up the policy.　　Li Yinying said that starting from May 5, 2010, the initial Provident Fund loans for the first instance of the customer needs to calculate the loan number of households, unified in accordance with more than 90 square meters, the loan ratio of 70%, 90 square meters, the loan ratio is 80%; the second is 50%; the third set of loans is cancelled. As far as I love my home real estate brokerage company analysis and statistics, in the purchase of second-hand housing, there are one-third of buyers choose to pay the full, in the remaining two-thirds by loans to buy a house of buyers, one-third of the choice of Provident Fund loans.　　In other words, about 22% of homebuyers choose to buy second-hand housing through Provident Fund loans. Historically, Provident Fund loans and Commercial bank loans do not necessarily make adjustments at the same time. But this time, Beijing in order to better implement the "State 10", but also in order to ensure that the property market macro-control better implementation, Provident Fund loans and Commercial bank loans have been synchronized adjustment.　　It can be predicted that the synchronization of the two will be the future trend. Because of the low amount of Provident Fund loans, so the purchase of high total price of housing buyers have little impact. Most of those affected are buyers of low-priced homes when they first buy or improve their home purchases.