Real estate has ushered in a super good again, and I really envy the friends who haven't bought a house yet and are preparing to buy a house! From May 18th, the following new policies will be applicable to newly applied mortgages, and they will be used nationwide!
Mortgages have fallen, fallen
Adjustments to the down payment for a home purchase:
1: The minimum down payment for the first commercial house of an individual is reduced to 15%, which was generally 30% before the adjustment; That is, it was originally a 3-layer down payment, but now only 1.5 layers of down payment is required;
2: The minimum down payment for individual second commercial housing is reduced to 25%, which is generally 40% before the adjustment; That is, 4 layers of down payment are required before the adjustment, and only 2.5 layers of down payment are required after the adjustment;
Down payment ratio adjustment
Regarding the adjustment of the CPF loan interest rate:
1: The interest rate on the first housing provident fund loan for individuals has dropped to 2.85%, compared with 3.1% before the adjustment;
2: The interest rate of the second set of housing provident fund loans for individuals has dropped to 3.325%, compared to 3.575% before the adjustment;
CPF loan interest rate adjustment
In just half a year, this is the second time that the country has introduced a major policy that is good for real estate, as early as February, there was a major adjustment, that time the mortgage interest rate was reduced from 4.2% to 3.8%, plus this time, it can be said that this year's introduction of policies to support real estate is unprecedented. Of course, these new policies are also very beneficial to the purchase of houses by ordinary people, which not only reduces the pressure of down payment, but also reduces the interest cost of house purchases, which is very worthy of praise and support; Friends, in the face of such a real benefit, has your impulse to buy a house been ignited?