The cancellation of the loan discount rumor caused the last bus effect

Mortgage concessions to cancel rumors triggered the "last bus Effect" "Golden Nine Silver Ten" curtain call, on the mortgage rate of 70 percent discount will be canceled rumors are also beginning to spread between the major real estate agents and banks. Reporter investigation found that, although there is no formal notice, but the banks of personal housing loans "cherish credit" is an indisputable fact.　　Mortgage gate tightening, the cancellation of interest rate concessions, but also in Shanghai real estate market a burst of "Rob lending tide."　　No positive response to the cancellation of housing loans in Shanghai, a real estate agency said, received verbal notice from a state-owned commercial bank, starting from November 1, the second mortgage rate will be strictly in accordance with the benchmark rate of 10% to enforce, regardless of whether the quality of customers, all non-discriminatory.　　Reporters call the CCB, BOC and other state-owned commercial banks in Shanghai branch of the relevant people, have not been positive response, only to reporters that banks have been strict implementation of the CBRC regulations, the two sets of loans to carry out 40% down payment, the rate of 10% of the policy. In fact, the previous commercial banks to two of the implementation of the housing policy is similar, down payment 40% is "hard leverage", basically no flexible operation space.　　But in terms of loan interest rates, according to the principle of "reasonable risk determination based on the interest rate on the basis of interest rate", each bank will generally give preferential treatment to "quality customer", 85 percent or even lower on the basis of benchmark interest rate, and some can even enjoy a 70 percent discount on the same rate as the first housing. A joint-stock Commercial bank credit manager said: "The recent rumors of the cancellation of interest rate concessions, some customers have begun to call to consult preferential policies to remove the possible impact." But there is no official document or guidance, the regulator also did not make it clear that the first home purchase or improve the housing loan application can still receive 70 percent interest rate concessions, some banks to tighten two sets of loans should only be based on their own operating conditions and risk control to consider individual behavior. "Two mortgage tightening has led the market to speculate that the mortgage policy or will be fully adjusted, especially the upcoming year-end mortgage rate of 70 percent preferential policies may face cancellation."　　October 22, 2008, the central bank to stimulate the demand for home ownership, the provision of commercial personal housing loans to the lower limit of the loan rate of 0.7 times times the benchmark interest rate, the minimum down payment ratio adjusted to 20%.　　The bank "Cherish the loan" for which, although the interest rate concessions are not yet clear news, but the bank gradually to tighten the floodgates on two sets of loans is an indisputable fact that the bank of the two suite loan acceptance, approval, lending speed greatly slowed. Zhongyuan Real estate salesman Wan Zhongwei told reporters that from the end of August, the bank of second-hand housing loans significantly tightened. In the past, as long as the main lender, deputy lender of simple materials can be, and now the bank also asked to provide payroll bills. Several local buyers in Shanghai, although the family is good, but the payroll on the income of only about 2000 yuan, the bank lent a big "discount", such as 400,000 yuan, put down only 200,000 yuan. In addition, the approval cycle is also significantly elongated, the previous five or six days can basically be resolved, nowAt least two weeks. A listed bank personal credit Manager analysis that the bank of second-hand housing loans "cherish loans" and some banks "one-size-fits-all" to the second-hand housing loan interest rate 10%, to a large extent with the bank ahead of the completion of the annual lending indicators.　　This year's "blowout" in the real estate market has led to a record high in personal housing loans, and some banks may have raised the "truce card" in the form of raising the threshold.　　The Shanghai Banking Regulatory Bureau recently released a real estate credit analysis report, as at the end of September, the city's commercial real estate loans have broken through the 700 billion-yuan pass, including three quarters of 45.46 billion yuan in personal housing loans increased to record the highest single season. In addition, regulators have raised banks ' capital adequacy ratios and reserve coverage requirements, and some banks have had to rein in the pace of lending.　　Since this year's high speed of credit, so that many banks to deposit ratio of 75% of the regulatory red line, some of the banks are nervous to have to send back to Gong, send home appliances and other means to embrace deposits. Rumors triggered the "last bus" effect Wan Zhongwei said it had already had an impact on the property market, regardless of whether the 70 percent discount on interest rates had been lifted. Two sets of mortgage tightening on the impact of commercial housing transactions immediately. Some truly powerful buyers, even if bank lending is tightened, will not be mistaken, but many buyers with high reliance on loans will give up. Plus now prices are high, and many people are talking about the Chinese New year to see again.　　In general, a 20 salesman around the store, in 4 May at least half of the people can handle more than 3 houses a month, now can reach this level of the salesman only one or two. Mortgage tightening and the cancellation of interest rate concessions, also sparked a wave of "Rob and Loan Tide" in Shanghai. Part of the demand for housing buyers in order to avoid the real estate trade preferential policy "exit", has begun to entrust the relationship, urging the bank to approve the mortgage contract quickly, trying to rob the last bus preferential policies.　　There are also a number of citizens in the high demand for the "medium" head of the state-run big hit, the lower threshold, relatively loose city commercial banks.　　Ding this September in Shanghai Kang City fancy a second-hand housing, but more than 1 million yuan loan granted nearly one months has not come down, but under, he had to switch to a more relaxed GF bank. Last year, the country's two sets of mortgage-moderately "untied" and business tax relief policy set a deadline, both to urge buyers to actively market the idea, but also to prevent the return of investment speculative wind heart. Yang Hongxu judged that, as the property market was warmer than expected, these two policies may be terminated on schedule or renewed after adjustment, for example, the time limit for non-ordinary residential sales tax concessions will be reduced from 2 to 5 years; As for the policy of encouraging first-time home purchase demand and reasonable demand for accommodation, such as deed, stamp duty and land value-added tax, may remain unchanged.