Lower limit of interest rate for the first suite in Shanghai

The lower limit of the interest rate of the first suite in Shanghai was lowered to 4.85%.

Shanghai's mortgage interest rate has shown signs of downward adjustment, and many banks have also introduced various mortgage concessions, including discounting the loan interest rate, increasing the loan quota, and optimizing the approval process.

This interest rate adjustment is an important measure taken by the Shanghai Municipal Government to stabilize the property market and promote the healthy development of the market. This move is a positive signal for property buyers, which will help ease the pressure of buying houses and increase market confidence.

At the same time, the downward adjustment of Shanghai mortgage interest rate will also have a positive impact on the national property market. As one of the first-tier cities, Shanghai's mortgage interest rate has been at a high level, which has a certain leading role in the trend of the national property market. The interest rate cut not only reduces the purchase cost of buyers, but also further releases the market potential, which is expected to bring a certain boost to the national property market.

Matters needing attention in buying the first house in Shanghai

1, understand the purchase policy. Before buying a house, you need to know Shanghai's housing policy, such as whether you have the qualification to buy a house and the purchase restriction policy.

2. consider your own economic situation. You need to know your own funds, including down payment, loans, taxes, decoration and other expenses, and plan your own house purchase plan reasonably.

3. Look at the house carefully. Pay attention to whether there is water leakage in the room, whether the house is mortgaged or sealed up, etc.

4. Understand the ownership of the house. Need to know whether the owner of the house can sign it and whether anyone agrees to sell the house.

5. Pay attention to the delivery cost. When handing over the house, carefully check whether the water, electricity, property fees, cable TV and other expenses have been settled.