Mortgage Rates Rising in Many Cities
Caijing: 多地房贷利率上调：广州进9折时代 上海现9.5折
Shanghai area before the first home lowest interest rates was 10% below the benchmark, now this has been cut to 5%; second-home interest rate is still generally the benchmark interest rate plus 10%.
Guangzhou area, May 1 small holiday after the mortgage interest rate to accelerate into the “90% era.” Previsouly. state-owned banks and a number of listed banks offered first-home mortgages with discounts of 10% to 15%. Previously first-home mortgaged rates ranged from 10-15% discounts, with some listed banks already cutting the discount to 5%.
According to Rong 360 latest report shows that since April, Shanghai, Shenzhen, Guangzhou, Chongqing, Fuzhou, Suzhou, Xiamen, Nanchang, Ningbo and other cities have interest rates rise. The statistics show that in the 35 cities nationwide 533 banks, 122 banks first suite interest rate discounts rose, accounting for 22.89%.
Rong 360 analyst Li believes that the mortgage interest rate increase and the current first-tier cities, second-tier cities have introduced limited loans, restrictions on the policy of landing, the role of policy control has begun to bear fruit.