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China Eases Mortgage Down Payment to 20% for First Homes
Published on: 2022-05-16
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China’s central bank said it will allow banks to cut the minimum required mortgage down payment to 20 percent from 25 percent for first-home purchases to the lowest level ever as it steps up support for the property market.
 

The eased requirements will be for buyers in areas without the purchase restrictions that are applied in some of the biggest metropolitan areas such as Beijing and Shanghai, the People’s Bank of China said Tuesday in a statement on its website. The minimum down payment for second-home purchases was cut to 30 percent from 40 percent, the central bank said.
 

A rising stockpile of unsold new homes is hampering government efforts to spur investment expanding at the slowest pace in more than five years.
 

个人首套住房商贷利率下限调整!

15日,中国人民银行、中国银行保险监督管理委员会发布“关于调整差别化住房信贷政策有关问题的通知”。
 

对于贷款购买普通自住房的居民家庭,首套住房商业性个人住房贷款利率下限调整为不低于相应期限贷款市场报价利率减20个基点,二套住房商业性个人住房贷款利率政策下限按现行规定执行。
 

在全国统一的贷款利率下限基础上,人民银行、银保监会各派出机构按照“因城施策”的原则,指导各省级市场利率定价自律机制,根据辖区内各城市房地产市场形势变化及城市政府调控要求,自主确定辖区内各城市首套和二套住房商业性个人住房贷款利率加点下限。

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