(Beijing Comprehensive News) The decline in China's stock loan interest rate has been officially implemented to slow down tens of millions of households and hundreds of millions of residents' financial burdens. It is expected to boost people's willingness and ability to consume.
Comprehensive Shanghai Securities Journal and First Financial Report, according to the notice issued by the People's Bank of China and the State Administration of Finance and Administration, the bank has begun to reduce the first set of housing commercial personal housing loans from Monday (September 25).Interest rate level.The scope of this adjustment is the first housing loan, two sets of first settings, and commercial personal housing loans in the provident fund portfolio loan.
Zou Lan, director of the Monetary Policy Department of the People's Bank of China, said recently that more than 90 % of the eligible borrowers are expected to enjoy policy dividends as soon as possible, and the interest rate of other borrowers' stock loan will also be adjusted by the end of October.
The Shanghai Securities News quoted the relevant persons close to supervision that after the interest rate of the first set of housing commercial personal housing loans was adjusted, the financial burden of tens of millions of households and hundreds of millions of residents would decline significantly, and the average decline in interest rates would be about 0.8percentage point.It is estimated that the customer may involve more than 40 million customers, and the scale of loans involved in adjustment may reach 25 trillion yuan (RMB, the same below, S $ 467.8 billion).
Taking the stock loan with a 25 -year, 25 -year, and 5.1%original interest rate as an example, assuming that the mortgage interest rate is reduced to 4.3%, it can save the borrower's interest expenses exceeding 5,000 yuan per year, which significantly increases consumption capacity.
First Financial reported that even netizens even ridiculed on social media platforms, "salary for a year."
Xue Hongyan, deputy dean of Xingtu Financial Research Institute, said in an interview with First Financial and Economics that there are two core purpose of the increasing interest rate of the stock mortgage.
Reports states that according to the requirements of the central bank's adjustment on the proportion of down payment on August 31, especially the down payment ratio of the second suite has been greatly reduced, the localities including "non -recognition of housing" and the relaxation of the purchase restriction policy, the demand for residential house purchase is also expectedFurther release.
