【突發(fā)】中國將分兩步降房貸利率-彭博

官員提議降息約80個基點：人此舉提振家庭消費，緩解銀行壓力彭博新聞社報道Chinaisconsideringcuttinginterestratesonasmuchas$5.3trillionofmortgagesintwostepstolowerborrowingcostsformillionsoffamilieswhilemitigatingthepro?tsqueezeonitsbankingsystem.據知情??透露，?融監(jiān)管機構已提議將全國未償還抵押貸款的利率總共降低約80個基點，這是?攬?計劃的?部分，其中包括加快抵押貸款符合再融資條件的時間表。知情??表?，第?次削減可能會在未來?周內進?，?第?次舉措將于明年年初?效，并要求不透露姓名，討論私?事務。Financialregulatorshaveproposedreducingratesonoutstandingmortgagesnationwidebyatotalofabout80basispoints,partofapackagethatincludesanacceleratedtimelineforwhenmortgagesbecomeeligibleforre?nancing,accordingtopeoplefamiliarwiththematter.The?rstcutmaycomeinthenextfewweekswhilethesecondmovewouldtakee?ectatthebeginningofnextyear,saidthepeople,askingnottobeidenti?eddiscussingaprivatematter.據知情??透露，?融監(jiān)管機構已提議將全國范圍內的未償還抵押貸款利率總共降低約80個基點，這是?攬?計劃的?部分，其中包括加快抵押貸款獲得再融資資格的時間表。因討論私?問題?要求匿名的知情??表?，第?次降息可能會在未Theyet-to-be-?nalizedplanislikelytoapplyto?rstandsecondhomes,pendingapprovalfromthetopleadership,twoofthepeoplesaid.InChina,regulatorssetbenchmarksformortgageratesthatarefollowedcloselybybanks.TheNationalFinancialRegulatoryAdministrationdidn’trespondtoarequestforcomment.兩位知情??表?，尚未最終確定的計劃可能適?于第?套和第?套住房，有待最?領導層的批準。在中國，監(jiān)管機構制定了銀?密切關注的抵押貸款利率基準。國家?融監(jiān)管局沒有回觀看：彭博原創(chuàng)探討了中國的房地產行業(yè)如何變得如此混亂，以及這對全球經濟可能產生的影Chineseregulatorsarewalkinga?nelineastheyattempttoshoreupthebatteredpropertymarketandeconomywhilesafeguardingthenation’s$66trillion?nancialsystem.Loweringratestooaggressivelywouldpilepressureonthebanks,whichhavealreadyseentheirmargintumbletoarecordlowof1.54%asofend-June,wellbelowthe1.8%thresholdregardedasnecessarytomaintainreasonablepro?tability.中國監(jiān)管機構試圖提振遭受重創(chuàng)的房地產市場和經濟，同時保護國家價值66萬億美元的?融體系，但他們卻在謹慎?事。過于激進地降低利率會給銀?帶來壓?，截?6?底，銀?的利潤率已跌?1.54%的歷史新低，遠低于維持合理利率所必需的BloombergNewsreportedlastweekauthoritiesaremullingaplantoallowhomeownerstorenegotiatetermswiththeircurrentlendersbeforeJanuary,whenbankstypicallyrepricemortgages.Theywouldalsobeallowedtore?nancewithadi?erentbankforthe?rsttimesincetheglobal?nancialcrisis,peoplefamiliarwiththemattersaid.份之前與當前的貸?重新談判條款，屆時銀?通常會重新定價抵押貸款。知情??稱，?全球?融危機以來，他們還將?次被允許向另?家銀?進?再融資。AnalystsatChinaInternationalCapitalCorp.andJe?eriesFinancialGroupearlierexpectedthathomeownersatsomecitieswouldseeupto100basispointsofdeclineintheirmortgagerates.中國國際?融公司和杰富瑞?融集團的分析師此前預計，?些城市的房主抵押貸款利率將下降最多100個基點。了解更多有關中國房地產危機的信息：中國增長引擎的急速增長提高了刺激措施的緊迫性瑞銀下調展望，中國5%的增長目標面臨越來越多的質疑 ConcernsabouttheChineseeconomyhaveintensi?edafterweakearningsreportsfrommajorconsumercompaniesandasmajorglobalbanksdowngradedtheirgrowthforecasts,suggestingthecountrymaystruggletomeetitso?cialtargetofaround5%thisyear.Therealestatedownturnhasheavilyimpactedhouseholdwealthandspending.在主要消費公司疲軟的盈利報告以及全球主要銀?下調增長預期之后，?們對中國經濟的擔憂加劇，這表明中國今年可能難以實現(xiàn)5%左右的官??標。房地產低迷嚴重影響了家庭財富和“Inessence,it’satransferofwealthfrombankstohouseholds,sopositiveforconsumption,”LarryHu,headofChinaeconomicsatMacquarieGroupLtd.,wroteinanAug.31note.Ifallexistingmortgagesaretobere?nanced,borrowerscansaveabout300billionyuan($42billion)ininterestpaymentsannually,equivalentto0.6%ofthenation’sretailsalesor0.2%ofitsgrossdomesticproduct,heestimated.麥格理集團中國經濟主管拉?·胡(LarryHu)在8?31?的?份報告中寫道：“本質上，這是財富從銀?向家庭的轉移，對消費?常有利?！彼烙?，如果所有現(xiàn)有抵押貸款都進?再融資，借款?每年可節(jié)省約3000億元?民幣（420億美元）的利息?出，相當于中國零售額的0.6%或國內?產總值的0.2%。Forbanks,CitigroupInc.estimatedtheworse-than-expectedpotentialcutcouldleadtoanaverage8basispointmargincontractionnextyearandhurttheirearningsby6.4%.Lenderswithhighermortgageexposurelikethebigfourstate-runbankscouldbemorevulnerabletothereduction,analystsledbyJudyZhangwroteinanotelastweek.對于銀?來說，花旗集團估計，?預期更差的潛在降息致明年利潤率平均收縮8個基點，并使其盈利下降6.4%。以張朱迪為?的分析師上周在?份報告中寫道，像四?國有銀?這樣抵押貸款風險較?的貸款機構可能更容易受到此次削減的影Existingmortgagescarriedanaverageinterestrateofabout4.27%asofend-2023,comparedwitharecordlowof3.45%onnewly-issuedhomeloans.截?2023年底，現(xiàn)有抵押貸款的平均利率約為4.27%，?新發(fā)?住房貸款的平均利率為3.45%，創(chuàng)下歷史新低。Cuttingratesintranchesmayhelpsmoothouttheblowforlenders,whicharestrugglingwithfallingearningsasBeijinghasenlistedthemtohelprevivethe?aggingeconomywithcheaploanstoconsumersandcorporatesincludingcash-strappeddevelopers.Bankshadresortedtomultipledepositratecutsoverthepastyearorsotomitigatetheimpactoflowerloanyields.分批降息可能有助于緩解貸款機構受到的打擊，因為北京??已邀請貸款機構向消費者和包括資?短缺的開發(fā)商在內的企業(yè)提供廉價貸款，以幫助重振疲軟的經濟，因此貸款機構正?臨著收?下降的困境。在過去?年左右的時間?，銀?多次下調存款利率，以減輕貸款收益率下降的影響。Theproposalisalsoaimedatnarrowingthedisparitybetweenratesfornewpropertybuyersandexistinghomeowners,whichhasdrivenawaveofearlymortgagerepaymentsandstrainedlendersinrecentyears.Homeownershavetakenadvantageofcheapconsumerloanstoprepaymortgages,apracticethatisbannedbyregulators.該提案還旨在縮?新購房者和現(xiàn)有房主之間的利率差距，這?差距近年來推動了提前抵押貸款還款浪潮和貸款?的緊張。房主利?廉價消費貸款來提前償還抵押貸款，這種做法受到監(jiān)管機構的禁?。China’soutstandingamountofhomemortgages,whichcountasprimeassetsatChineselenders,stoodat37.79trillionyuanattheendofJune,thelowestlevelinnearlythreeyears.Policymakershavetakensomeforcefulstepstolowerborrowingcoststhisyearincludingscrappingacentralgovernment-guidedmortgagerate?oorfor?rstandsecondhomepurchases.截?6?底，中國的住房抵押貸款余額（被視為中國銀?的主要資產）為37.79萬億元?民幣，為近三年來的最低?平。今年，政策制定者采取了?些強有?的措施來降低借貸成本，包括取消中央