Add P at least 1/8 PCT for the building to pay 60 yuan per million. The port is the first in 12 years.

In the 12 years since the first time in 12 years, Hong Kong has announced that it will add at least one-eighth of a percentage point (0.125%). This is a moderate increase. The loan of 1 million yuan will increase by more than 60 yuan per month. Micro, the industry refers to the addition of the year.

After the US rate hike of 0.25 per cent on the 8th, the rate hike cycle in Hong Kong was officially launched. The leading HSBC was the first to announce the increase in the best interest rate (P), which was 0.125%. Then the 3 major banks and 6 small and medium-sized banks joined. Heng is even more divided, and most of it will take effect today. It is expected that other banks will follow.

More than 124 yuan per million loan income

This is a general bank interest rate increase of 0.125%, which is milder than market expectations. After the current interest rate of the building is raised from a minimum of 2.25% to 2.375%, the monthly supply will increase by 60 yuan for every 1 million yuan loan and repayment period of 25 years. The yuan or 1.4% ranged, and the minimum income requirement was about 124 yuan, which slightly increased the pressure on the owners to supply the building.

Take the first city of Shatian as an example. The 2-bedroom apartment with an area of ​​284 square feet was sold for 5 million yuan yesterday. It borrowed 80% of the mortgage loan of 4 million yuan. The repayment period is 25 years. The current actual interest rate is 2.25%. For the payment of 17,400 yuan, the monthly contribution will increase by nearly 300 yuan after the interest rate increase. The monthly budget will increase to 17,700 yuan, and the minimum income requirement will be 40,500 yuan, which is about 500 yuan more than the original.

The Fed has also raised its economic growth forecast. The interest rate hike is high in December. The industry generally believes that the interest rate hike will have little impact on the property market. However, there will be an opportunity to increase P by at least 1/8% during the year and the rate of interest rate increase next year. There is an opportunity to speed up, and the impact on the intention to get on the bus and the owners can not be ignored.

Central Plains: still less than 2.75% before the end of the year

The Central Plains mortgage forecast will increase the P rate by one or two times this year, adding up to no more than half a percentage. The interest rate of the building before the end of the year is still below the low interest rate of 2.75%. The bank commissioned 334 people to investigate the Hong Kong University. More than 54% of them did not increase their interest in buying interest, but they were lower than the 73% surveyed six months ago. This shows that most of the citizens have digested interest rate hikes, but the wait-and-see mood has increased.

According to the Meridian Mortgage Index, the normalization of interest rates can remove market doubts and support the property market. If the Hong Kong interest rate increase exceeds 3/4%, the mortgage burden ratio will break 70% to 20 years and the Hong Kong interest rate will increase by 3 to 4 next year. The next time is 3.5%.

After the interest rate hike, the actual interest rate of P is still 0.1% lower than that of H. The stable contribution will attract buyers. It is estimated that P will regain its dominant position this year. It is reported that large banks with high deposit bases will add up to 2% of individual cash rebates, while small and medium-sized banks with high capital cost pressure will cut back from 1.8% to 1.3% to 1.7%, and the next quarter will be discounted. The opportunity for rebate adjustment is large.

In addition, members of the public should pay attention to the bank’s current plus 3% pressure test. As the cycle progresses upward, the difficulty of the mortgage is getting higher and higher, and there is an opportunity to extend the mortgage period through the pressure test. Once the property market is reversed, the buyer may lose the buffer risk space. . According to the mortgage estimate, the HKMA has no chance to relax the pressure threshold during the year. It is estimated that after the accumulation of half a cent to 1 per cent in Hong Kong, it is expected to adjust depending on the market conditions.