The policy of adding more underground mortgage down payment proportion to buying house purchase consultation still needs to continue

At present, a new round of adjustments have emerged in real estate policies in various places. In addition to further reducing the proportion of down payment for the first home, the proportion of down payment ratio of the two -suite. On August 16th, the reporter of the Securities Daily learned that after interviewing a number of banks, real estate agencies, etc., after the adjustment of the mortgage policy, consumers in many places increased their consumer purchase consultation volume.

CITIC Securities Chief Economist clearly told reporters that relaxation of housing purchase policy can reduce the burden on residents, support rigid and improved housing demand; at the same time, it helps buyers' expectations and home confidence to recover, encourage residents to increase leverage, drive real estate sales to stabilize stability , Follow -up also requires further support.

Adjust the proportion of down payment for house purchase in many places

Recently, there are already regions including Chengde, Huizhou, Zhanjiang, Shanwei, Suzhou and other regions. For example, the banking institutions in Zhanjiang, Guangdong, the minimum down payment ratio of commercial personal housing loans to residents' families for the first time to purchase ordinary housing. At the same time, there are regions to adjust the down payment ratio of the second house. For example, from August 15th, the second set of ordinary self -occupied housing for housing provident fund loans was purchased in the administrative area of ​​Jinan City, and the minimum down payment ratio was adjusted from 60%to 40%.

According to the statistics of the China -China Statement, as of the early August, nearly 240 provinces and cities have issued more than 650 policies to relax the real estate regulatory policy from the aspects of downgraded payment ratio, increasing their talents, issuing house purchase subsidies, and increasing the amount of provident fund loans. According to its incomplete statistics, from July 1st to August 14th, a total of 142 real estate regulation policies were introduced in many places, of which 31 related policies related to commercial loan down payment were introduced.

58 Zhang Bo, Dean of the Branch of Anju House Real Estate Research Institute, told a reporter from the Securities Daily that the Central Political Bureau's meeting clearly stated that "to stabilize the real estate market" and mention that the policy tool box should be "well used". Follow -up, especially the marketing of cities and regional policies that boosted weakness in the market also increased. From the perspective of the policy toolbox, there is a certain policy space in different cities for the adjustment of the down payment, the adjustment of the mortgage interest rate and the adjustment of the mortgage interest rate, and the optimization of the purchase restriction. It is expected that it will be further released in the future.

Chen Wenjing, director of market research director of the Index Division of the Medium Finger Research Institute, told the reporter of the Securities Daily that in the short term, it is expected to increase the efforts of cities due to urban policy. The proportion of downgraded payment is an important direction.

The number of house purchase consultations has increased significantly

On August 16, the reporter contacted a number of houses, sales offices and banking agencies in the aforementioned area to understand the reactions and dynamics of all parties after the policy was introduced.

"After the introduction of the minimum down payment ratio of Huizhou for the first time, after the introduction of a new policy of 20 %, many colleagues received customer consultation from customers with demand for house purchase." Sales staff in a real estate brokerage company in Huizhou, Guangdong told reporters It is 4.25%, and some banks are 4.65%, and the situation of each bank is different.

"After the down payment ratio policy is adjusted, many people come to consult." A real estate intermediary agency agent in Zhanjiang area in Guangdong Province told reporters that the current down payment ratio of the first house has dropped to 20%, the proportion of the down payment of the second house is reduced to 30%.

"As soon as we received a notice, the proportion of the first home loan was reduced to 20%. Customers could apply. As long as it was the first home loan, the application was not difficult and the formalities were not available. Essence

The business manager of the Credit Department of a state -owned bank municipal branch of Jinan City, Shandong Province told reporters that the current settlement of the first set of house loans and commercial loans have fallen to 30%, and the second suits are all reduced to 40%. The number of customers who consulted has not changed much compared to before.

A salesperson in Suzhou Xiangcheng District told reporters that after the new mortgage policy was issued, there were many investors' inquiry. At present, the down payment ratio of the first home loan is reduced to 30%, the proportion of down payment for the settlement of mortgages has been decreased from 50%to 30%, and those who have not cleared housing loans have decreased from 80%to 60%.

A salesperson of a sales office in Wuxi Xinwu District said that the current down payment ratio of the first local home house has fallen to 30%, and the interest rate of the first house loan is 4.25%. If there is a mortgage under the name, the down payment ratio of the house again is 50%to 60%.

A good policy still needs to be added

The implementation report of China's monetary policy in the second quarter of 2022 released by the central bank recently showed that at the end of June, the balance of real estate loans of major financial institutions (including foreign capital) of the country was 53.1 trillion yuan, an increase of 4.2%year -on -year. Among them, the balance of personal housing loans was 3.89 trillion yuan, a year -on -year increase of 6.2%.

From the perspective of clearly, although the balance of real estate loans and personal housing loans has remained positive year -on -year, the value has dropped to low, indicating that the current residents' willingness to increase leverage is not strong, the rhythm of the real estate market restoration is still slow, and sales need to be improved.

At present, increasing mortgage loans is still one of the important starting points for improving the real estate market sales. Talking about the future in terms of increasing the demand for effective loans in the future, it is clearly suggested that at the policy level, on the one hand, it is necessary to avoid policy "one -size -fits -all". Under the premise of "housing and not frying" Self -residential demand provides convenient purchase of house purchase; on the other hand, it still needs to achieve the pressure of actual loan interest rates by reducing the cost of bank liabilities and deepening interest rate marketization reform, improve the physical financing environment, and reduce the cost of financing. For banking agencies, we must actively control the cost of liabilities and orderly lower the loan interest rate. At the same time, simplify the loan procedures, optimize the approval process, and reduce the time and expenses of business handling; Services to enhance market vitality. Chen Wenjing said that increasing the demand for effective loans still requires policy force, and the demand -side policy still needs to focus on reducing the cost of buying houses, reducing the threshold for house purchase, and promoting the release of reasonable demand for house purchase, such as optimizing purchase restrictions, loan -limiting policies, and reducing housing loan interest rates. On August 15, the central bank's mid -term loan convenience (MLF) operation and public market inverse repurchase operations decreased by 10 basis points, and short -term housing loan interest rates still had expected expectations.

"This year, a series of policies are focusing on boosting the real estate market. The subsequent levels of mortgage interest rates and the support level of the targeted population may introduce more policies to ensure the smooth operation of the real estate market." Zhang Bo said.

(Editor in charge: Chang Shuai Shuai)

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