Via Caixin the PBOC is leaning on banks:
Recently, the central bank expedited the issue of “do a good job of credit policy work,” a text, which for the mortgage policy, the document clearly requires: the People’s Bank of the branches to strengthen the guidance of the commercial bank window (reporter Zhang Xin Wu Hongyu Ran) , Urging them to optimize the credit structure, reasonable control of mortgage and growth.
Specifically, the branches of the People’s Bank of China to the housing credit policy as a part of the policy to control the real estate package, with a reasonable use of the minimum down payment ratio, loan interest rate concessions and long-term loans and other housing credit policy, in strict accordance with the relevant procedures in a timely manner On the area of housing credit policy to make appropriate adjustments.
Second, to strengthen the window of the commercial bank guidance, urging the optimization of its credit structure, reasonable control of the proportion of mortgage and growth, do a good job of regional distribution of mortgage resources to support the three or four lines to the city inventory, effective prevention and control of credit risks, and actively with the local Banking sector, will be differentiated housing credit policy strictly implemented.
In addition, but also to increase the down payment of funds and proof of authenticity of income.
Hai Tong Securities chief economist Jiang Chao quoted media reports, said a central bank official said the new loans accounted for from 45% to 30%. But according to the new financial reporter learned from the central bank, Beijing is difficult to achieve the exact proportion of control, but indeed from various efforts to suppress the new loans in the proportion of individual loans.
The close to the central bank said that the mortgage accounted for two indicators, one is the balance of the proportion of a new share. Short-term main control is the new proportion. He pointed out that last year, especially in the second half of last year, some cities in the new loans, 80% are mortgages.
And banks are moving, via Xinhua:
Since the release of the Beijing Municipal Real Estate Regulatory New Deal, most of the banks in Beijing have raised the down payment ratio, the implementation of recognition of housing and recognition of the first set of approved standards, and to stop the approval of more than 25 years of housing loans. Beijing Youth Daily reporter learned yesterday evening, ICBC, China Construction Bank and other 16 Beijing area banks unanimously decided to immediately reduce the first suite loan interest rate concessions, not less than 0.9 times the benchmark lending rate adjusted to not less than the benchmark lending rate of 0.95 Times
The 16 banks include Industrial and Commercial Bank of China, Construction Bank, Bank of China, Agricultural Bank, Bank of Communications, CITIC Bank, China Merchants Bank, Minsheng Bank, Shanghai Pudong Development Bank, Industrial Bank, Everbright Bank, Huaxia Bank, Postal Savings Bank, Bohai Bank Bank) Beijing Branch and Bank of Beijing, Beijing Rural Commercial Bank.
It is understood that this is in order to implement the national macro-control policy guidance and “on the improvement of commodity housing sales and differentiated credit policy notice” the spirit of the document, the national monetary policy is stable neutral, the market capital prices rising environment, better Support the real economy, prevent financial risks
Bank of Beijing, the person in charge to the Beiqing reporter confirmed that the bank based on the current market environment, in order to effectively prevent financial institutions, credit risk, to promote the steady and healthy development of mortgage business, individual housing loan interest rates have been the largest discount rate from 9 fold to 95 fold The There are industry sources, other banks some of the ups and downs than the Bank of Beijing higher, may cancel the discount to reach the benchmark interest rate level.
After the first set of interest rates increased, the number of home buyers will increase the number of it? To 3 million 25-year loan calculation, the use of equal principal and interest method, 10% discount rate is 4.41%, for the 16522 yuan, up to 95 fold, the interest rate rose to 4.655%, for the 16940 yuan, monthly spending 418 yuan, annual expenditure of 5016 yuan, 25 years a total of more than 12.54 million yuan of interest income. If the increase is the benchmark interest rate of 4.90%, the monthly increase to 17363 yuan, more than 9 percent per month for more than spending 841 yuan a year down more than 10,000 yuan interest income, 25 years to spend more than 250,000 yuan.
Dalian iron ore down the better part of 3% over the day:
