Housing Provident Fund Loan Interest Rate &Nbsp; 30% Intention Buyers Want To Abandon Purchase

2010/10/21 9:23:00 53

Personal Housing Provident Fund Deposit Interest Rate Control Measures To Abandon The Purchase

20, the Ministry of housing issued a notice.

Personal housing provident fund deposit interest rate

Up to 0.2 percentage points to 1.91%; loan interest rate below five years (including five years) increased by 0.17 percentage points to 3.50%, five points above 0.18 percentage points to 4.05%.

In this regard, the industry generally believe that although the rate hike is not directed against the real estate market directly.

Regulation means

But the impact on the real estate market in the sensitive period of control is significant, and the possibility of further loosening of housing prices is increasing.

Beijing Central Plains sample survey data show that about 3 of the intention to purchase a clear short-term.

Abandonment of house

The two regulation of the "five measures" of these ministries gives more psychological impact to buyers.

The industry generally believes that the first suite of Shoufu up to 30% and the effect of interest rate overlay will significantly increase the home buyers' down payment pressure and interest costs.

It can be expected that raising interest rates will increase the power of regulation and control, and will obviously affect the psychological expectations of buyers. The demand for the whole market will be further cooled, so as to stabilize housing prices.