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Just now! The central bank announced a huge benefit of 300 billion yuan! Heavy real estate policies continue, and four departments including the Ministry of Housing and Construction speak out
Source: Securities Times Author: Zhang Da's major real estate policies continue. On May 17, following a video conference on how to effectively secure housing across the country in the morning, the Central Bank and the General Financial Supervisory Authority issued three “big red envelopes” in the afternoon, including reducing the down payment, lifting the lower interest rate limit, and lowering interest rates on provident fund loans. In the afternoon, the State Council also held a routine policy briefing. Officials from the Ministry of Housing, Urban-Rural Development, the Ministry of Natural Resources, the People's Bank of China, and the State Administration of Financial Supervision presented the situation relating to effective implementation of supporting policies for housing delivery and answered questions from reporters. Let's first take a look at the important information from the afternoon meeting: 1. The central bank will establish 300 billion yuan of affordable housing
Express News | Ministry of Housing and Construction: Sales of existing homes will be vigorously and orderly promoted
Express News | Central Bank: If the supply and demand relationship in the real estate market changes significantly in the future, the People's Bank of China will promptly resume implementing the lower limit of the mortgage interest rate policy
Express News | Central Bank: Purchased commercial housing is strictly limited to commercial housing that has been built by real estate companies and unsold, and real estate companies with different forms of ownership are treated equally
Express News | Ministry of Housing and Construction: Real estate companies should assume the main responsibility and formulate a “one project, one policy” disposal plan to ensure timely and high-quality delivery of projects
Express News | The People's Bank of China plans to establish an affordable housing reloan: the scale is 300 billion yuan, and the term can be extended 4 times in 1 year
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