The interest rate of the first home loan of 74 cities is as low as 4.25% of the first -tier cities.

On July 20, the central bank announced the latest loan market quotation interest rate (LPR) data (LPR), and the 1 -year LPR and 5 -year LPR were consistent with the last month. On the same day, data data from key cities released by the Shell Research Institute showed that 74 cities in 103 key cities monitored this month had the first set of houses and second -home loan interest rates as low as 4.25%and two sets of 5.05%lower limit level. Essence At the same time, bank loans are accelerating. The average loan cycle of this month is 25 days, which is shortened by 4 days compared with the previous month.

According to statistics from the Shell Research Institute, the interest rate of the 103 key cities monitored this month was 4.35%and the two sets of interest rates were 5.07%, which fell from 7 basis points and 2 basis points from the previous month, respectively. The high point has decreased by 139 basis points and 93 basis points, a new low since 2019.

From the perspective of urban lines, the interest rate of mortgages in third- and fourth -tier cities has decreased the largest year -on -year. The year -on -year decrease of interest rates for the first and second sets of mortgages was 141bp and 93bp, respectively. Among them, the interest rate of Hefei housing loan was reduced by a large increase this month, and the first home loan interest rate was reduced by 78bp from the previous month. The interest rate of mortgages in first -tier cities decreased the smallest year -on -year, and the year -on -year decrease in the interest rates of the first and second sets of mortgages were 38bp and 30bp, respectively. Among them, Beijing topped the first set of 5.0%and two sets of 5.5%interest rate levels in the country's loan interest rate list. From May 20th, the mainstream level of the first home loan interest rate has been maintained at 4.8%, and the two sets of interest rates are 5.5%.

Li Yujia, chief researcher at the Housing Policy Research Center of the Guangdong Provincial Urban Rules Institute, told a reporter from the Securities Daily that the interest rate of mortgages in first -tier cities has decreased less than the year -on -year decline, mainly because the demand for first -tier cities has always existed. In fact, housing prices in the central area of ​​first -tier cities have risen recently. Whether the mortgage environment of first -tier cities in the future is loose, it will depend on the trend of the property market.

In addition, cities that have lowered the down payment of house purchase this year have emerged. According to the monitoring of the Shell Research Institute, 49 cities including Wuhan, Nanchang, Changchun, Harbin and other provincial capitals in 103 cities performed the first settlement of the lowest 20%down payment of the first commercial loan. The minimum down payment ratio of the first set of commercial loans of Baicheng is 30 % or more cities, mainly municipalities and strong second -tier cities. On the whole, Beijing and Shanghai are the strictest cities in the country in the country.

Yan Yuejin, research director of the Think Tank Center of the E -House Research Institute, said that at present, the pressure of the real estate market is still large, and the possibility of subsequent urban mortgage interest rates is still low. Mainly two types of cities: one is a large city, and its interest rate has not been lowered in the past, and the space for subsequent reduction is relatively large. The other is cities with bad transactions. Such cities may also be reduced in the future to further stimulate the real estate market. In addition, the possibility of down payment such as down payment is also possible.

Liu Lijie, a market analyst at the Shell Research Institute, believes that low interest rates and low down payment can reduce the cost of buying houses from essence, which will help release house purchase demand and facilitate market restoration.

Dongfang Jincheng's chief macro analyst Wang Qing said that the interest rate of mortgages is related to the cost of buying a house, which is the key to guiding the expectations of the property market. Driven by the "double drop" of the mortgage interest rate in May, the recent mortgage interest rate has accelerated. This is also one of the important reasons for the real estate sales terminal in June.

Liu Lijie said that under the hypothesis of LPR and the unchanged rules in the short term, the mortgage interest rate still has room to decline but the space is narrowed. It is expected that the overall mortgage interest rate level in the third quarter will gradually approach the lower limit.

"There is room for further stability and recovery in the real estate market, especially low interest rates plus various types of loose housing purchase policies, which helps promote the development of the real estate market." Yan Yuejin said.

In Wang Qing's view, with the moderate relaxation of various regulatory policies under the urban policy, the mortgage interest rate continues to reduce, and the property market may recover around the end of the third quarter. Back.

Reporter Peng Yan

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