The first home loan interest rate has fallen below 4%. Is it time to buy a house?

　　Chinanews.com, February 2 (Zuo Yukun, reporter from Zhongxin Finance and Economics) House buyers who are still on the sidelines have ushered in an attractive "interest rate gift" after the Spring Festival.

　　Since the central bank and the China Banking and Insurance Regulatory Commission announced the establishment of a dynamic adjustment mechanism for the first housing loan interest rate policy in January this year, many places have adjusted the first housing loan interest rate, from the first third- and fourth-tier cities to Zhengzhou, Xiamen and other higher-level cities. .

Data map: Exhibitor sales staff introduce real estate to customers.

Mortgage interest rates have entered the "three eras", and some house buyers "can't sit still"

　　"From now on, Nanning City will periodically adjust the lower limit of interest rates for commercial personal housing loans for the first set of housing. It will be lowered to 3.7%.” On February 1, the Guangxi Nanning Housing and Urban-Rural Construction Bureau website “officially announced” the good news of the reduction in mortgage interest rates.

　　"I heard some news before the Chinese New Year, and after the year, some banks began to operate one after another." Mr. Sun, a real estate salesperson in Nanning, told the reporter of Zhongxin Finance that the loan interest rate of some banks for second houses has also dropped to about 4.9%.

　　According to the monitoring data of the Shell Research Institute,

.

　　Mr. Sun was quite emotional about this: "Two or three years ago, the first-home loan interest rate in Nanning was as high as 6.1%, which was considered high in the whole country. In the past two days, many customers who are in the 'high position' told me that , The thighs are numb, and now the interest rate of the second house is lower than that of the first house."

　　"A client called me yesterday. He just took out a loan at 4.1% in early January, but he hasn't released the loan yet. He asked me if he could go at 3.7%. I suggested that he contact the bank manager immediately." Mr. Sun said.

　　People who are more anxious are obviously planning to buy a house.

Mr. Sun said that in recent days, many prospective house buyers are obviously more anxious and want to settle down as soon as possible.

In addition to wanting to catch up with this wave of good news, some people worry that developers will adjust prices because of the hot market.

　　Also ushering in interest rate adjustments in the past two days is Xiamen, Fujian.

"We started to adjust from January 31. The interest rate of the first home loan was adjusted from the original LPR-20 basis points to LPR-50 basis points, which is 3.8%." Ms. Xia, a real estate agent in Xiamen, told reporters that assuming that the application for 30 The annual loan of 1 million yuan, the repayment method of equal principal and interest, can save more than 170 yuan per month.

　　Ms. Xia also emphasized that this time it

, because the current interest rate of the second home loan is still LPR+80 basis points, that is, the interest rate of 5.1%, and the difference between the two is still relatively large.

Data map: Many real estate.

Photo by Zhang Yichen

Nearly 20 cities have adjusted the lower limit of interest rates, and more cities may follow

　　After three reductions of 35 basis points in 2022, the five-year LPR will drop from 4.65% at the end of 2021 to 4.3%.

　　After the central bank and the China Banking and Insurance Regulatory Commission established the first set of dynamic adjustment mechanism for housing loan interest rate policy, the peak period of housing loan interest rate adjustment in the new year has arrived.

　　According to the data released by the China Finger Research Institute on January 31, according to incomplete statistics,

, including Zhengzhou, Tianjin, Fuzhou, Shenyang, Xiamen and other second-tier cities, Zhaoqing, Zhanjiang, Yunfu, Huizhou, etc. , Shaoguan, and Jiangmen phased out the lower limit of first-home loan interest rates.

　　According to the policy regulations of the dynamic adjustment mechanism, cities where the sales price of new commercial housing have declined for three consecutive months month-on-month and year-on-year may maintain, lower or cancel the lower limit of the local first-home loan interest rate policy in stages.

　　"From the perspective of city distribution, before the Spring Festival, most of the cities that lowered the mortgage interest rate were third- and fourth-tier cities; after the Spring Festival, the cities that lowered the mortgage interest rate in recent days were mainly second-tier cities, including many provincial capital cities and key second-tier cities." Zhuge finds a house data research center pointed out.

　　For more adjustments in the future, statistics from Shanghai E-House Real Estate Research Institute believe that Taiyuan, Shenyang, Shijiazhuang, Harbin, Kunming, Urumqi, Nanning, Wuhan, Haikou and Guiyang in second-tier cities, Liuzhou, Sanya, Rizhao, Chengde, Wenzhou, Zhongshan, Zhangjiakou and Ganzhou all have demand for lower mortgage interest rates.

　　"The decline in mortgage interest rates is part of a package of regulatory policies at both ends of supply and demand, and it still needs to be combined with other policies to play a role. It is expected that other cities will follow suit, and the interest rate on first-home loans will continue to decline." Guangdong Provincial Urban Planning Institute Li Yujia, chief researcher at the Housing Policy Research Center, said.

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