Loan reduction, monthly loan payment reduction

Resident housing loans have decreased for the first time in more than 10 years. What signal does this send?

As we all know, the "mortgage shortage" is coming fiercely, stemming from the "five-category" loan centralized management system. "Red lines" are drawn one after another, and bank credit limits are tightened, including real estate corporate loans and personal housing loans. are all affected. Including the increase in mortgage interest rates that lasted for more than half a year, the extension of mortgage review and loan times, and even banks in some regions announcing that they would stop second-hand home loan business, all are closely related to the "mortgage shortage".

The housing provident fund loan method is limited to employees of units who have paid the housing provident fund. There are many restrictions. People who have not paid the housing provident fund are not eligible to apply for a loan, but they can apply for a commercial bank personal housing loan, that is, a bank mortgage loan. ; As long as the balance of your deposit in the lending bank accounts for no less than 30% of the funds required to purchase a house, and you use this as the down payment for purchasing a house, and you have assets recognized by the lending bank as mortgage or pledge, or you have sufficient repayment ability The unit or individual acts as the guarantor to repay the principal and interest of the loan and bears joint and several liability.

Among the 70 large and medium-sized cities, housing prices in 28 cities have fallen back to two years ago, accounting for as much as 40%, and there are more than 10 provincial capital cities, such as Zhengzhou, Harbin, and Jinan. , Nanchang, Taiyuan and other big cities. The current real estate market still lacks confidence. Since the second half of last year, Evergrande and many other real estate giants have experienced financial problems one after another. Evergrande has not yet completely solved the problem of project suspension. Although some properties have been "taken over" by central enterprises, most of them have The project is still in a state of suspension, and the entire market is also in a wait-and-see attitude.

The local housing provident fund management center has a maximum limit. If the purchase price exceeds this limit, the shortfall must be applied to a bank for a commercial housing loan. The two loans together are called a portfolio loan.

This business can be handled uniformly by the real estate credit department of a bank. The interest rate of the combined loan is relatively moderate and the loan amount is large, so it is often chosen by borrowers. There are discounts and promotions one after another, and real estate price reductions and plunges are not uncommon, which directly causes most people to enter a wait-and-see state.

RMB loans increased by 1.23 trillion yuan in February. Why did residents’ medium and long-term loans decrease in February?

According to relevant data, RMB loans in February increased by 1.23 trillion yuan, but it was less than the same period last year, with an increase of 125.8 billion yuan. In particular, the decrease in medium and long-term loans for residents means that citizens are increasingly They are becoming less and less willing to borrow money. Once there is a problem with the bank's flow, it will inevitably have more negative impacts. The current international situation is relatively complex, so China must speed up its internal circulation in order to maintain rapid economic development. The editor believes that there are several reasons for the decrease in medium and long-term loans for residents.

On the one hand, the current economic environment at home and abroad is relatively complex, especially since the global epidemic is still ongoing, which has led to obstacles to economic development, especially the cost of many materials continues to rise. For enterprises, Generally speaking, the operating pressure is getting bigger and bigger, which will affect the income and expenditure of enterprises. Therefore, many enterprises are unwilling to make mid- and long-term loans. In particular, some import and export trade enterprises have been severely hit.

On the other hand, citizens’ desire to buy houses has decreased. Most of the medium and long-term loans are commercial housing loans. However, with the government’s regulation of the real estate market, citizens’ desire to buy houses is now getting lower and lower. Although China’s economy is Development is slowly recovering, but real estate developers are not having an easy time. With fewer and fewer home buyers, the loan amount will naturally become lower and lower, so there was a partial decline in February.

In fact, the government is also relaxing credit, and many banks have lowered loan interest rates, which is to encourage companies and citizens to take out loans to promote consumption and ensure the rapid development of the domestic economy. However, blind lending will also cause Many negative impacts can even lead to inflation. International trade is not easy to do now, and economic development around the world is in a state of sluggishness. Therefore, China must let all these funds flow into the real economy, so as to improve technological innovation. Create better products and improve international competitiveness.

Medium and long-term loans will decrease in 2022

Today I finally want to formally tell everyone that you must never buy a house haphazardly again, because the real estate market has completely cooled down, and real estate has Completely abandoned by us.

Why do you say that? First of all, there are two points. One is the advent of the era of low down payments, and the other is the advent of the era of low interest rates. To be honest, in this era, housing prices should be violently rising, but housing prices still have not risen, and transaction volume is still plummeting. Now in various cities across the country They are still in a state of decline across the board.

If you think back to 2008 and 2014, you will know that housing prices should have skyrocketed, but housing prices have not skyrocketed this year. History will not simply repeat itself.

Look, although interest rates have hit a 10-year low, our residents’ medium and long-term loans, including our mortgages, have decreased by 160.1 billion yuan year-on-year, and the cumulative year-on-year decrease has exceeded 2,000 billion yuan. It’s scary. .

Do you know what this means? This means that even if there are low-interest mortgages available, people are not willing to take out loans to buy a house, because the expectations of rising house prices have been shattered, and real estate has completely gone cold in our hearts.

So, don’t buy a house haphazardly, be careful about being a buyer.

That’s it for the introduction of loan reduction.