Shenzhen Construction Bank raises mortgage interest rate. What is the impact on the property market after the increase?

The upward adjustment will directly affect the next step of the property market, which is of great significance.

If the previous measures are to further stabilize the housing type, then when some banks in Shenzhen raise the interest rate of individual housing loans, it means that all property buyers will be affected by this measure, and the market of Shenzhen property market will suddenly change.

Let me explain the current personal housing loan interest rate first.

At present, only one bank in Shenzhen, China Construction Bank, has raised the personal housing loan prime rate. After the adjustment, the current interest rate of a first-home loan in Shenzhen is about 5. 1%, the interest rate of a second-home loan is about 5.6%, and the interest rate of an anjufang loan is about 4.9%. Please remember these three figures, because these three figures will directly affect everyone's choice of buying a house, and will also affect the loan performance in the next twenty or thirty years.

Although the loan interest rate of CCB does not represent all banks, CCB's behavior will directly affect other banks.

I think other banks will follow suit.

This reason is very simple, because CCB is a member of all banking systems, and it is impossible for only one bank to raise the personal housing loan prime rate. Basically, after CCB raises the loan interest rate, other banks will quickly follow suit, thus forming the basic price of the entire mortgage interest rate. This signal is very obvious: it is to further limit the current hot market in the property market.

Buyers actually need to weigh.

Although the interest rate of individual housing loan is very limited, it is only at the level of a few ten thousandths. However, we must not underestimate this few ten thousandths, because if the total amount of mortgage loans is expanded to several million or even tens of millions, this few ten thousandths is a huge concept. Moreover, under the influence of annualized compound interest, the actual repayment amount of a suite is likely to be hundreds of thousands more. When this measure was introduced, I felt that everyone needed to weigh their repayment ability.

Finally, I strongly support banks to raise the interest rate of individual housing loans, because I think this will further stabilize the entire property market and allow real buyers to buy their own houses.