Two sets of mortgages: 40% down payment can still hit 70 percent

"Please hurry up the mortgage information ready for me, I am afraid of policy changes."　　"A Shanghai real estate intermediary company Sun constantly calls customers." Financial weekly newspaper reporter to the Shanghai bank to understand, found that in addition to the Merchant bank has expressly strictly enforce the two sets of mortgage "down payment 40%", "interest rate on the basis of the base rate floating 10%", other banks have not received a notice of the headquarters, the current two suite loans still have a certain "degree of freedom",　　The decision on lending rates, in particular, remains firmly in the hands of banks. However, as most banks have completed their full-year lending targets through concentrated lending in the first half of the year, industry insiders say that in the second half, banks will be more stringent in their lending, and that "two of mortgage applications will become increasingly difficult".　　In addition, as the property market heats up too fast, a bank executive said the central bank may introduce "cooling" measures to curb overheating property in the second half.　　The tightening of two sets of mortgage policies suggests a "cooling" trend in mortgage policy.　　Interest rates still have latitude although the June 22 CBRC issued a "notice on further strengthening the risk management of mortgage loans" has set off a wave of two of mortgage tightening, but in Shanghai, banks adjust the pace and pace is not consistent, is still "wind big, small action." According to the reporter understand, ICBC, CCB, BOC, the two sets of loans to the minimum down payment in 40%, but the lowest rates are different.　　ICBC, Bank of the lowest float ratio of 85 percent of the benchmark interest rate, and CCB, the bank can do 70 percent. CCB a branch of the loan business in charge told reporters that the bank has internal notice, strict implementation of the "down payment 40%" of the "Red Line" standard, but the interest rate is floating but there is a lot of freedom. "For the best customers defined by the banks, they can still enjoy a minimum 70 percent discount rate," he said. The reporter then surveyed the Bank of China, the people's livelihood, Shanghai. A branch of the bank's business manager told reporters that from the end of May, the line has strictly implemented a "down payment 40%", "interest rate on the basis of 10%" of the two set of mortgage standards. But Minsheng Bank's two sets of loans still have "loose" signs, the bank insiders said, the first two suites can reach a minimum of 30% Shengcheng, in addition to shops, ordinary personal housing loans, the lowest rate can also enjoy a base rate of 70 percent discount.　　In addition, the Bank of Shanghai's two suites loans, the minimum can be "down payment 40%", "interest rate 80 percent" discount. Foreign banks have not seen the tightening of the two suite loan.　　A person in the industry said that although the regulator asked the first suite and the two suite loan rates should be different, but in the actual operation of the bank, this difference is often only the interest rate "70 percent" and "71 percent" difference.　　Rumors policy will be adjusted while banks still have room to adjust to two of mortgages, expectations of regulatory policy regulation have increased. "Now the situation is that once you buy a house, immediately loan, do not wait." Otherwise, we don't know what to do if we have a policy change. "Bank of China Fengxian Sub-branch in charge of personal mortgage businessMr. Zhang told reporters that the current market rumors, the central bank will soon be issued on the tightening of the second suite lending New deal, in addition to floating benchmark interest rate to 1.1, may also be through other means, strict control of the second house mortgage down-payment ratio to curb the current rapid rise in housing prices. Mr. Zhang also said that because of stricter policy enforcement, the previous two suites of the mortgage also has a "down payment 40%, the rate hit 70 percent" sweetness, but now these discounts are all canceled, the second suite of loans all changed to "down payment 40%, interest rate 85 percent". "Now, like some banks, interest rates have even started to float up to 1.1 times times the benchmark rate, and 85 percent of the banks are expected to run 1.1 times times the benchmark rate soon thereafter." "Excess lending banks are cautious in the second half of the year." Perhaps banks did not anticipate such a surge in the property market, and several of the big banks we work with are said to have finished their annual home loan targets by 3 April this year, and have been lending more in the second half of the season.　　"Shanghai Tai Qing Real Estate deputy general manager Chen to reporters, the second half of this year in Shanghai, some banks to the issuance of mortgage cases will be more cautious." Chen also said that previously on the home loan applicant's personal income, asset proof of the audit is relatively loose, but in recent months, but obviously strict up, "for example, personal income proof, previously may only need a company to produce a proof of income, but now must be issued by the tax department stamped income tax." If the house price is higher, the number of applications is very large, the audit bank to ensure that you can repay the money on time, you will also require your monthly personal income must reach twice times the number of repayments before accepting your application. "The reporter then contacted the four major state-owned commercial bank spokesperson, for" already in March or April to put the year ahead of the annual loan amount of the target ", four lines did not give a clear answer. Huchangmiao, general manager of China Construction Bank's Ministry of Public Relations and corporate culture, said that the second half of the year is not indicators, we do not know. The current housing market situation is more chaotic, the Shanghai housing market is still soaring, so for the mortgage this piece, in fact, including CCB, many banks to real estate will actively use, but also pay attention to risk prevention. "For these loans, which are favourable to national policies, banks will certainly support the risk of control." "July 15, the central bank announced the first half of this year's currency credit operation, compared with the first quarter, two yuan loans increased 2.79 trillion yuan, more than 50% of the increase in June completed."　　Residents of the month's long-term consumer loan growth of 188.33 billion yuan, more than the previous two months of total, the real estate market warmer signal is very clear. On the same day, the Bank of Communications research reported that domestic lending is expected to continue to grow at a high rate in the second half of the year as capital adjustments, government investment projects continue and the housing market continues to rebound. But given the reduction in central investment projects, small and medium-sized banks will likely face capital adequacy and loan-to-deposit ratios after fast lending. Reports show that mostThe bank has completed its full-year lending target, with a drop in absolute increments of 8.5 trillion to 9 trillion yuan a year. Curb house prices in the second half of the central bank or the introduction of cooling measures China Merchants Bank Personal Finance Department, a senior person in the interview, said that although the central bank has lent more than 7 trillion in the first half of this year, the market may be worried about banks ' excess lending, but because the central bank will have a loan ratio　　So as long as banks keep their loan-to-deposit ratios in a better figure, there is virtually no limit to lending. "More bank deposits and more loans are available." The bottom line of the central bank is still there, and it will stipulate that the loan-to-deposit ratio cannot exceed a minimum amount. Because the first half of this year's loan delivery environment is more relaxed, so the regulatory authorities also do not have clear regulatory restrictions.　　In the second half of this year's mortgage control, the central bank is not clear below, we will still be based on customer demand and market demand to lend.　　A senior person in a commercial bank who declined to be named said the central bank is now in a dilemma as the housing market picks up and prices rise, while the other side is trying to dampen prices, hoping that prices will not rise too high in order to raise grievances. "The second half of the central bank may introduce measures, it can not suppress the real estate market, after all, it is related to the upstream and downstream more than 70 industrial chains." But for the current high temperature rise in housing prices, there may be relevant ' cooling ' measures. "Financial Week exclusive statement