According to the latest notice issued by ICBC, since June 25, the housing loan interest rate of ICBC in Guangzhou has been adjusted to 5.55% for the first set of LPR + 90BP and 5.75% for the second set of LPR + 110bp.
Following the industrial and Commercial Bank of China, a number of banks have also increased the mortgage interest rates in Guangzhou.
This is the fourth time that Guangzhou’s mortgage interest rate has been raised in the past six months. A loan intermediary told China first finance and economics that at present, the highest loan interest rate of second house in Guangzhou has exceeded 6%, which is expected to be further increased in the second half of the year.
The interest rate of second house has exceeded 6%
In addition to industrial and Commercial Bank of China, Minsheng, Ping’an and postal savings bank have recently raised their mortgage rates in Guangzhou.
Among them, the Guangzhou Branch of Minsheng Bank has raised the loan interest rates of the first and second set of housing by 15 BP since June 25, and the loan interest rate of the first set of housing has been raised from LPR + 70bp to LPR + 85bp to 5.5%; The interest rate of the second house loan was increased from LPR + 85bp to LPR + 100bp to 5.65%.
At present, the bank’s average lending waiting time is expected to be about 2-3 months.
It is understood that Ping An Bank Guangzhou Branch will also raise the mortgage interest rate on June 28. After the increase, the interest rate of the first house loan is increased from the original LPR + 65bp, LPR + 80bp is 5.45%, and the interest rate of the second house loan is increased from the original LPR + 78 BP to LPR + 90BP, which is 5.55%.
Guangzhou Branch of postal savings bank has raised the interest rate of the first house loan to 5.45% since June 26, that is, LPR + 80bp; The interest rate of second set of housing was raised to 5.65%, which is LPR + 100bp.
Four increases in half a year
In addition, in the past six months, Guangzhou has experienced four rounds of increase in mortgage interest rates. At the beginning of this year, the housing loan interest rates of the four major banks of Guangzhou industry, agriculture and China Construction Co., Ltd. took the lead in raising, opening the annual prelude.
From the original LPR + 40bp for the first set of housing and LPR + 60BP for the second set of housing, the four banks adjusted the LPR + 55bp for the first set of housing and LPR + 75bp for the second set of housing. After the increase, the interest rate of the first set of housing was 5.2% and that of the second set of housing was 5.4%.
Under the leadership of the four major banks, the joint-stock commercial banking industry has increased simultaneously.
Reprint indicated source：Spark Global Limited information