At the end of today’s trading, the real estate development sector moved up and closed up 1.42%. Tahoe Group (SZ000732), Pearl River Shares (SH600684), and Black Peony (SH600510) rose by their daily limit, while Nanguo Real Estate, Joy City, and Yu Kaifa were among the top gainers.
The four major banks will be downgraded at the same timeState and Territory Mortgage Rates
According to the Securities Times, citing Nanfang+ news, starting from February 21, the four major banks have simultaneously lowered mortgage interest rates in Guangzhou. Among them, the first home interest rate was lowered from the previous LPR+100BP (5.6%) to LPR+80BP (5.4%), and the LPR+120BP (5.8%) was lowered to LPR+100BP (5.6%). A person in charge of the personal loan department of a large state-owned bank told reporters that unlike the same period last year when the market demand was strong and the mortgage loan amount was tight, since the beginning of this year, real estate transactions have been weak and the bank mortgage loan amount has been ample.
Nanning: The down payment ratio of the second home loan is reduced to 30%, and the maximum amount is 600,000 yuan
Nanning Housing Provident Fund Management Center issued the “Nanning Housing Provident Fund Personal Housing Loan Management Implementation Rules” on February 18, which will come into force on March 1.
A number of policies have been implemented to benefit the people, of which the most concerned is,The down payment ratio of the second housing provident fund loan shall not be less than 30% of the housing value, and the loan amount shall not be higher than 70% of the housing value. Previously, the down payment ratio for a second home should not be less than 40% of the housing value.
In addition, the maximum amount of the provident fund loan for the first home is 700,000 yuan, and the maximum amount for the second home provident fund loan is 600,000 yuan.
Image source: Official website of Nanning Housing Provident Fund Management Center
Source: Daily Economic News from the official website of Nanning Housing Provident Fund Management Center, Securities Times
Disclaimer: The content and data in this article are for reference only and do not constitute investment advice. Please verify before use. Do so at your own risk.
Source of cover image: Photo Network-500884517
Copyright Notice
1This article is an original work of “Daily Economic News”.
2
Without the authorization of “Daily Economic News”, it may not be used in any way, including but not limited to reprinting, excerpting, copying or creating mirror images, etc. Violators will be held accountable.
3Copyright cooperation telephone: 021-60900099.