No Data
The wave of adjustments in existing home loan interest rates has expanded to rural banks and private banks, and the downward trend of LPR will further drive down mortgage rates.
On October 14th, hundreds of rural banks across the country issued announcements on the adjustment of existing individual housing loan interest rates, with some private banks and foreign banks following suit in the past two days. As a result, the participation in the adjustment of existing mortgage rates has basically expanded to all domestic commercial banks; Different banks have different requirements for overdue loans and non-performing loans; Several experts believe that there is still room for reduction in the LPR, which will further drive down future mortgage rates.
China's Property Sales Make Notable Recovery After Recent Stimulus
Chinese Stocks Rebound as Ministry Hints at More Fiscal Support
Dongfeng Honda has fallen by more than 50% for three consecutive months. Japanese brands hope to leverage the recovery of rbob gasoline vehicles to counter the rebound in the fourth quarter.
1. china Association of Automobile Manufacturers released data showing that in September, the domestic sales volume of passenger vehicles was 2.068 million units, an increase of 18.6% month-on-month, a decrease of 1.8% year-on-year; 2. In September, Honda's cumulative sales of terminal automobiles in China were 62,586 units, up 9.88% month-on-month, and down 42.93% year-on-year.
Confirmed! The six major banks will collectively adjust the existing housing loan interest rates on October 25th. There are cases where the highest interest saved can reach 0.14 million yuan. These situations require manual application.
①In peking, shanghai, shenzhen and other areas, the first home loan rates higher than LPR-30BP and all existing home loan rates higher than LPR-30BP will be uniformly adjusted to LPR-30BP. ②In peking, shanghai, shenzhen and other areas, the second home loan rates higher than the corresponding policy floor will be uniformly adjusted to the local corresponding policy floor.
The four major banks announced: there will be a bulk adjustment of existing home loan interest rates on October 25.
This morning, industrial and commercial bank of china, agricultural bank of china, bank of china, and china construction bank all issued announcements regarding the bulk adjustment of existing individual housing loan rates.
