Adjust the provident fund policy in many places during the year: increase the loan amount, reduce the down payment for the second home to 20%...
China-Singapore Jingwei, March 2 (Guo Jinjia) Recently, Nanning of Guangxi, Zhongshan of Guangdong, Jinzhong of Shanxi, Yichang of Hubei, Zigong of Sichuan and other places have successively issued new provident fund policies, clearly relaxing the provident fund application policy, including reducing the down payment ratio for second houses. , increase the loan amount, etc.
New latitude and longitude in the data map
Increase the loan amount
According to incomplete statistics, since the beginning of this year, Guangxi, Quzhou, Zhejiang, Dongguan, Guangdong, Zhongshan, Guangdong, Xinxiang, Henan and other places have successively adjusted their policies to increase the housing provident fund loan amount.
Specifically, the Zhejiang Quzhou Housing Provident Fund Center announced on February 15 that for the first use of provident fund loans to purchase the first ordinary commercial housing in the administrative area of Quzhou, the provident fund loan amount is calculated in the calculation of the loanable limit (not exceeding the current maximum provident fund loan). 100,000 yuan on the basis of the limit).
On February 25, the Guangxi District Housing Provident Fund Management Center issued a notice stating that starting from March 1, the maximum amount of housing provident fund loans will be increased from 600,000 yuan to 700,000 yuan for employees and their families who purchase their first home and apply for a housing provident fund loan for the first time. Yuan.
Dongguan announced on the same day that the liquidity adjustment factor was adjusted from 0.8 to 1. According to the provident fund loan formula and the relevant regulations of the Dongguan Provident Fund Management Center, the maximum loanable amount of the first set of local provident funds increased from 720,000 yuan to 900,000 yuan.
On March 1, Zhongshan, Guangdong and Xinxiang, Henan notified the increase of the provident fund loan limit.
Zhongshan has made it clear that the purchase of the first and second homes will apply for housing provident fund loans. The maximum amount of housing loans for one depositor will be adjusted from the current 400,000 yuan to 500,000 yuan, and the maximum amount of housing loans that two or more depositors jointly apply for will be adjusted from the current 800,000 yuan. Yuan adjusted to 900,000 yuan.
Xinxiang stipulates that if one party pays the housing provident fund in full and on time, the maximum loan amount will be increased from 300,000 yuan to 400,000 yuan.
New latitude and longitude in the data map
Adjusting the standard for determining the number of houses
The determination of the number of housing units is related to the down payment ratio, mortgage interest rates and other housing expenditure costs. Recently, the two places have successively adjusted their policies and used provident fund loans to determine the number of housing units.
Since January 17, Zigong, Sichuan has implemented the criteria of only recognizing the loan but not the house: there is neither a housing provident fund loan record nor an unfinished housing commercial loan, which is implemented according to the first-home loan policy; there is a settled house. Provident fund loan records or an unfinished housing commercial loan shall be implemented in accordance with the second-home loan policy.
Since March 1, Jinzhong, Shanxi has also implemented the standard for determining the number of housing units based on the number of family provident fund loans: the first set of housing has been purchased without using a housing provident fund loan before applying for a loan; For suites, interest rates go up by 10%.
Yan Yuejin, research director of the Think Tank Center of E-House Research Institute, said that the first set of certification only needs to meet the "loan-free" requirements. It can be done as the first suite.
Similar regulations have obviously lowered the threshold, allowing more home buyers to subscribe for houses in proportion to their first homes.
New latitude and longitude in the data map
Lower down payment ratio for second home
While raising the provident fund loan amount and relaxing the criteria for identifying a second home, some cities have also adjusted the down payment ratio for a second home to varying degrees.
Starting from January 21, 2022, Beihai, Guangxi took the lead in lowering the down payment ratio for a second home. It stipulates that if a worker's family buys a second home or applies for a second housing provident fund loan, the minimum down payment ratio will be lowered from 60% to 40%.
At the same time, since February 1, Fuzhou has adjusted the down payment ratio from 50% to 40% for those who apply for a pure housing provident fund loan for the second time.
Shanxi Jinzhong and Guangxi Nanning lowered the down payment ratio for second homes at the same time from March 1.
Jinzhong stipulates that if a family needs to apply for a housing provident fund loan to purchase a second set of improved housing, the down payment ratio will be reduced to not less than 20% of the total purchase price.
Nanning made it clear that the down payment ratio of the local provident fund for the second home is not less than 30% of the housing value.
Yan Yuejin told Sino-Singapore Jingwei that the number of cities where the down payment ratio of provident fund loans has been reduced has increased, which fully reflects the current orientation of the reduction of the down payment ratio of provident fund loans.
Yan Yuejin believes that the reduction in the down payment ratio of the provident fund further shows that the current pressure on the liquidity of the provident fund is not great. From the perspective of activating reasonable housing consumption demand, there will indeed be various policy easing orientations.
In addition, combined with the recent reduction of the down payment ratio of commercial banks in various places, it can be seen that the second and third tier cities have begun to show signs of policy loosening, which can have a more substantial impact on market transactions, and has a positive impact on the subsequent promotion of the stable and healthy development of the real estate market. effect.
In fact, since the beginning of 2022, policies to "stabilize the property market" have appeared frequently in various places.
In the first two months of 2022, at least 40 places have released various levels of easing policies for the property market, including policies such as reducing down payments, adjusting provident fund policies, easing credit, attracting talents to subsidize house purchases, and reducing or exempting subsidized deed taxes.
In this regard, the team of Xiong Yuan, chief economist of Guosheng Securities, believes that in view of the main tone of "housing and not speculating", the general direction of subsequent real estate regulation should be "full release of residential housing demand".
There is a high probability that further substantive relaxation policies will be introduced in various places, including lowering mortgage interest rates, lowering down payment ratios, adjusting housing subscription standards, and loosening purchase and sales restrictions. , optimize supply-side policies such as the three red lines.
(Sino-Singapore Jingwei APP)
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