laitimes

Major cities have quickly lowered the interest rate of home loans! In some cities, the first home loan has dropped to 3.1%

#头条首发大赛##头条创做挑战赛#​#财经#​#爆料#​#东莞头条#​#楼市杂谈#​

Major cities have quickly lowered the interest rate of home loans! In some cities, the first home loan has dropped to 3.1%

After the central bank lowered the loan interest, on July 23, many banks in first-tier cities and regions have begun to cut mortgage interest rates. According to the information released so far, the interest rate on the first home loan has dropped to 3.4% in most cities, and the interest rate on the second home loan has also dropped to 3.6%. Some banks in Guangzhou have also begun to reduce mortgage interest rates, with the interest rate on the first home loan falling to 3.1% and the second home loan interest rate at 3.7%; Some banks in Shanghai have also begun to lower mortgage rates, with the interest rate on first home loans falling to 3.4% and the interest rate on second home loans as low as 3.6%. The interest rate gap between the existing mortgage and the current mortgage is further widening! Spreads above 1.2% are now widespread.

Major cities have quickly lowered the interest rate of home loans! In some cities, the first home loan has dropped to 3.1%

According to the data released by the state on June 12, 2024, the inflation rate (annual) in the mainland in May 2024 is 0.3%; Data released on July 10, 2024 showed that the inflation rate (annual) in June was 0.2%. Although the inflation rate fluctuates due to a variety of factors, the inflation rate on the mainland has remained at a relatively low level. According to data released by the National Bureau of Statistics on January 12, 2024, the national consumer price index (CPI) rose by 0.2% over the previous year in 2023.

Major cities have quickly lowered the interest rate of home loans! In some cities, the first home loan has dropped to 3.1%

In the past, people invested in houses, and many people did so to beat inflation. From 2010 to 2020, China's average inflation rate was around 2.229%. The inflation rate for a single year is as follows: 2011: 5.55%; 2012: 2.62%; 2013: 2.62%; 2014: 1.92%; 2015: 1.44%; 2016: 2.00%; 2017: 1.59%; 2018: 2.07%; 2019: 2.10%; 2020: 2.5%. Over the past three years, our average inflation rate has been 1.1%.

Now that house prices and loan interest have indeed dropped significantly, it is indeed a good time to buy a house as a rigid need. The rapid reduction of the loan rate for new home purchases in major cities is also to allow those who need it to buy their own houses at a more favorable and lower cost. Once the United States begins to cut interest rates, the mainland will inevitably release water, and inflation will quickly be pulled into a reasonable position. If you miss the opportunity, you may have to pay more to do the same thing. Although buying a house is not necessarily the most cost-effective at this point in time, once the trend reverses, you may miss the best time to get ahead.

Read on