New policies for home purchase in 2023

New policies for first-time buyers in 2023 (latest) The Ministry of Housing and Urban-Rural Development accepted an exclusive interview and issued a comprehensive statement on real estate. It was decided to establish a dynamic adjustment mechanism for first home loan interest rate policies. What measures will the central bank and the Ministry of Housing and Urban-Rural Development take in the real estate industry in 2023? Here is a summary of the new policies for the first home in 2023. I hope you like it!

The new policy for the first home in 2023 1 For purchasing the first home Housing needs strong support. Down payment ratios and first-home interest rates should be lowered. 2. Reasonable support should be provided for those who purchase a second home. Policy support must be given to families trading in old ones for new ones, exchanging small ones for big ones, and families with many children. 3. In principle, we do not support the purchase of three or more houses because we do not leave room for speculators to re-enter the market. The Ministry of Housing and Urban-Rural Development stated in an interview that it insists that houses are for living in, not for speculation, because urban policies and precise policies enhance market confidence. But the overall policy is the bottom line, and both the down payment interest rate and the interest rate will be lowered. Anyone buying a second home should receive appropriate support. Believe it or not, you can enjoy a lower down payment ratio and lower mortgage interest rate for your second home. In particular, small-to-large and multi-child families have received support from the government. For young people who cannot afford a house, we must increase the construction of affordable rental housing so that they can live a better life. Especially in big cities, there will be many young people who cannot afford housing, but cities cannot exclude these people and must ensure their housing security. We believe that in the future we must not only build more affordable housing and long-term rental housing, but also give tenants more rights and interests so that they can feel at ease when renting. Let new citizens and young people live a better life, free their hands and feet, and strive for a better life. Encourage the safe and secure delivery of houses and implement "one policy per layer" to give home buyers "peace of mind." In terms of safe house delivery, the interview revealed that the municipal government is fulfilling its main responsibility and implementing the "one construction, one policy" plan to ensure that support policies are accurately implemented for every project and every home buyer. So home buyers can sit back and relax. This round of cooling of the real estate market has a lot to do with the previous difficulties encountered by large developers: the blow to market confidence can be said to be fatal and difficult to repair. Developers cannot let it go and do a good job of stabilizing the delivery of housing to ensure that buyers No more worries about not having a house. Solve the problems existing in real estate enterprises, ensure the stable and healthy development of the real estate market, and meet reasonable financing needs. In order to ensure that home buyers purchase houses in a timely manner, real estate companies cannot do whatever they want and must bear responsibility. Use money to make excuses not to hand over the house and solve problems for home buyers. Focus on increasing promotion loans and merger and acquisition loans for real estate companies to meet corresponding financing needs. Work hard to improve quality and build a good house. Improve housing standards, build "good houses", and establish three major systems of housing physical examination, pension, and insurance to ensure the full life cycle of housing. In the past, we focused on owning a house. In the future, we will definitely upgrade the house. This is based on gradually improving the quality of the house, so that the house can be guaranteed throughout its life cycle like a person. Various departments worked together to rectify the order of the real estate market. It is necessary to investigate and deal with illegal activities in the fields of real estate development, housing sales, housing leasing, real estate services and other fields in accordance with the law, and create a market environment that is honest, law-abiding and honest, so that the people can buy, buy and rent with confidence. Originally, buying and selling transactions were normal, but due to some illegal activities, buyers were afraid to trade and did not dare to trade, leaving a shadow. The stable and healthy development of the real estate market requires maintaining good market order. Houses are given to people in need, but on the other hand, many home buyers are vulnerable and have no money. Therefore, according to the suggestions of netizens, we still hope that the interest rates of stocks and mortgages can be reduced, and house prices should fall as much as possible. In the author's opinion, this suggestion is actually very good. After all, housing prices are really high now, and the pressure of buying a house will be reduced a lot. I hope it can be truly implemented instead of a routine.

What is the mortgage interest rate in 2023? The People's Bank of China stipulates that the interest rate of the first personal housing loan shall not be lower than the LPR of the corresponding period, and the interest rate of the second personal housing loan shall not be lower than the LPR of the corresponding period plus 60 basis points. In 2023, the lowest interest rate for a first home loan will be about 4.1%-4.3%, and the interest rate for a second home loan will be about 4.8%-5%. The mortgage interest rate is not fixed. It is mainly determined based on the latest IPR in the market. The mortgage base points are added or subtracted from the latest LPR. The mortgage LPR is floating, but the base points of the addition or subtraction cannot be changed after they are determined, and the base points are still reduced. The time depends on whether you are buying a first home with a loan or a second home with a loan.

The provident fund mortgage interest rate in 2023: The provident fund loan interest rate for the first personal housing loan with a term of less than 5 years (including five years) will be reduced from 2.75% to 2.6%, and the provident fund loan interest rate for the first personal housing loan with a term of more than 5 years will be reduced from 3.25 % was revised down to 3.1%. The second personal housing provident fund loan interest rate remains unchanged.