Two Suites Provident Fund Loan Interest Rate Rose 10%
Two suite
housing provident fund loans
Interest rates rise 10%
The Ministry of housing, urban and rural construction, the Ministry of finance, the people's Bank of China and the China Banking Regulatory Commission jointly issued the regulation on housing provident fund in November 3rd.
Housing loan
Policy related issues notice that second housing provident fund individual housing loan interest rates must not be lower than the first set of housing provident fund personal housing loan interest rate 1.1 times, the first payment ratio must not be less than 50%.
Strictly prohibit the use of housing provident fund personal housing loans for speculative purchase.
In addition, the housing provident fund individual housing loan should be extended to the employees' families who purchase third or more housing.
Experts believe that this will help push forward the reform of income distribution mechanism.
The State Council
Premier Wen Jiabao
On the 3 day, chaired a State Council executive meeting, decided to expand the scope of implementation of the central state-owned capital operation budget, and raise the proportion of state-owned enterprises' capital gains.
Experts believe that raising the proportion of state-owned capital gains will help promote the reform of the income distribution mechanism.
Securities Association set up a unified platform for fund evaluation results
The Securities Association of China announced on 3 that the association has set up a column for evaluating fund business on the homepage of the website, publicized the basic situation of the fund evaluation institutions, the status of employees and the evaluation methods of funds, and uniformly released the evaluation results of institutions.
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