In September this year, the mortgage interest rate of 86 cities in China fell to a historical low.Chinese media investigations have found that banks are generally sufficient, and some cities can be released as soon as possible.
According to the Times Weekly, the monitoring data of the Shell Research Institute shows that the first mainstream interest rate in 103 key cities in September was 4.15%, and the two sets averaged 4.91%.The interest rate fell 15bp from the previous month, down 159bp and 108bp from the highest point last year.
The People's Bank of China authorized the National Bank of China Interbank Borrowing Center on September 20th that the first -year LPR was 3.65%, and the LPR of more than five years was 4.3%, all of which were the same as last month.
Liu Lijie, a market analyst at the Shell Research Institute, analyzed that due to the influence of the LPR of the five years of last month, the housing credit environment in September was further relaxed, and the overall mortgage interest rate reached a new low.80%of the city's mainstream mortgage interest rates in the 103 key cities are as low as 4.1%and two sets of 4.9%lower limit.
The interest rate of housing loans is reduced to a historical low, and the bank credit lending cycle is also accelerating.According to the data of the Shell Research Institute, the bank loan cycle in September was 25 days, which was basically the same as last month.Among them, the average lending cycle of first -tier cities is 31 days, and the average loan cycle of second -tier and third -tier cities is 24 days.
A mortgage person told reporters that there are two statistical methods for bank loan cycles. One is to calculate from applying for loans. At present, the average lending cycle of major cities is three to four weeks.Another is to calculate after the real estate certificate is issued. At present, the cities such as Guangzhou will be loans at the fastest week.
The founder of a mortgage company in Guangzhou revealed: "Before the bank's quota was tight, many home buyers lined up and waited for lending.>
Affected by the lowering LPR of more than 5 years on August 22, the interest rate of Hundreds of Baicheng's mortgage in September has been reduced. As of September 19, the mainstream interest rate of 86 urban mortgages has been as low as 4.10%of the first set.Two sets of 4.90%lower limit.In terms of urban lines, the highest mortgage interest rate in first -tier cities is the highest, the first set is 4.60%, and the average two sets of two sets are 5.13%. The average interest rate level in second- and third -tier cities is close to the lower limit.
From the perspective of interest rates, the interest rate of mortgages in first -tier cities decreased the smallest year -on -year, and the first set and two sets of interest rates decreased by only 65bp and 55bp.The housing loan interest rate in third- and fourth -tier cities has decreased the largest year -on -year, and the first and two -set interest rate decreased year -on -year.Among them, the mainstream interest rate of Xiamen's first settlement of mortgages reached 45bp, and the first mainstream interest rates in Dongguan and Changsha were reduced by 35bp.
While the mortgage interest rate has continued to relax since 2022, the proportion of down payment in various places has also been reduced.Correspondingly, the proportion of loans has increased to varying degrees.
Data from Shell Research Institute now, compared with the fourth quarter of 2021, the proportion of loans in sub -cities has increased quarter by quarter since 2022. Relatively speaking, the proportion of loans in third- and fourth -tier cities has increased to the largest.The front line is basically the same as the policy level.
