After the government relaxed the insurance, the number of mortgage insurance applications rose
According to the mortgage agent information, the new mortgage application accounted for 97% of the new mortgage application, while the application for 90% of the total insurance coverage accounted for nearly half of the total, and property buyers below 10 million yuan benefited.
The policy address announced on October 16 will relax the ceiling on the 90% mortgage rate of mortgage insurance from $4 million to $8 million. The ceiling on the mortgage price of 80% will be reduced from $6 million to $10 million. The measures have been revised for nearly one month, and the property market has increased trading, driving the application for mortgage insurance to rise.
After the wide warranty, the application is 1.6 times monthly
According to the information provided by the Central Plains Mortgage, the number of applications for customers is 1.63 times higher than that of the same period before the revision of the housing policy. The number of applications for full shareholding increased from 32% to 52%, up 20% on a monthly basis, and 90% of applications were applied. Guaranteed 47%.
According to the mortgage data of the new insurance, the company’s 90% mortgage application received in the past month, the first buyer to apply the new insurance coverage (that is, the property price of 4.01 million to 8 million yuan) is as high as 99.5%. It means that only 0.5% of the old-fashioned property (property of less than 4 million yuan) will be used during the period, reflecting that there are very few properties in the overall market with less than 4 million yuan. The application for an 80% mortgage is 70% for new insurance cases (ie property prices of $6.01 million to $10 million).
However, the application for new insurance premiums of up to 80% and 90% accounted for about 84% of the total number of applications for insurance during the period. Among them, the proportion of new mortgages was as high as 97% and the turnover was only about 3%. It can be seen that after the relaxation of the measures, the purchase of first-hand and second-hand existing flats with a property price of $4.01 million to $10 million is most beneficial.
Based on the comprehensive mortgage agent information, the Bank has clear guidelines on new insurance policies. The progress of the examination and approval has been significantly accelerated. All applications must be stress tested. It is understood that if the applicant is a quality customer, the application documents can be issued in one week at the earliest. Generally, the new insurance can be approved within one month, and the transaction will be completed early next year.
Wang Meifeng, managing director of Zhongyuan Mortgage, said that banks have successively approved new insurance policies, and most of them can also pass the bank plus 3% pressure test. However, there are also a small number of cases that have not been approved by pressure test in the near future. The ratio is slightly higher than 62% to 63%, and the full amount can meet the requirement that the contribution accounts for less than half of the income.
More than 100,000 new mortgages were approved throughout the year
Huang Jiaxin, Managing Director of Lijiage Mortgage Agency, said that after the bank cut interest rates, some of the cash rebate offers were adjusted. The new interest rate discount is similar to that of the old mortgage. Due to the different bank approval progress, it is recommended to reserve about two months. better.
Stimulated by the new insurance measures, the industry expects that the number of new mortgages this year is expected to exceed 100,000, which is similar to last year. Wang Meifeng believes that the revised release of purchasing power, a significant increase in trading below 10 million, long-term help to use the home on the car and circulation, but after the low-cost disk source was digested by the market, many owners are worried about the price, it is expected that after the end of the year, The effect has a chance to gradually weaken.