In the era of skyrocketing prices and devaluation of RMB, many friends will choose bank loans to buy houses when they buy houses, not only because the loan can save them a lot of problems such as dealing with the procedures of buying houses, but also reduce the economic pressure. How much is the interest rate of house loans now?
What's the mortgage rate now?
1. At present, the benchmark interest rate of commercial loans with a loan term of more than 5 years is 4.90%. Due to the influence of the policy of limited purchase and loan restriction, banks around the country have different efforts to adjust the interest rate of the first set of loans. The latest data shows that the average interest rate of the first set of loans in China is 5.38%, and the interest rate generally rises by 5% - 20%.
2. The interest rate of second housing loan generally rises by 10% - 30%. During the same period, the benchmark interest rate of provident fund loan was 3.25%, and the interest rate of second house loan generally rose by 10%.
3. The second set of housing is defined as the number of house loans determined by the borrower's family (including the borrower, spouse and minor children). If the family has used the provident fund loan or commercial loan to purchase a house and applies for a house loan again, it will be regarded as the second set of housing.
Will the interest rate of the first house loan in 2019 decrease?
In terms of housing loan interest rate, in 2018, under the background of domestic real estate market regulation, most of the first set of housing loan interest rate of banks rose by about 5% - 10%, and the highest one rose by 25%. The second set of housing loan interest rate basically rose by 10% - 25%. In addition, the real estate market signal released by the central economic work conference at the end of 2018 also shows that the policy orientation in 2019 is still strict.
To be honest, the reduction of reserve is not to cut interest rates, but since last year, every reduction of reserve by the central bank, including the targeted reduction of reserve, has greatly benefited banks, real estate market and stock market, and the development of the real economy, especially the funds needed by private enterprises and small and micro enterprises, are often unable to flow in or not the first to flow in.
Affected by the central bank's reduction, it is hopeful that the housing loan interest rate will be lowered in 2019. It is believed that it is a better buyer of the first house, and for those who have already bought a house, even if the mortgage rate is lowered, it is also unlikely to benefit.
Due to the different situation of real estate market in different regions, the interest rate of real estate loan also shows significant characteristics of differentiation. In fact, in recent years, some urban banks have gradually started to loosen their mortgage rates. After the 0.5 percentage points reduction on January 15 and 25 respectively, the bank's funds for loans have increased, and the 2019 mortgage rate is expected to decline.