Preferential interest rate for home purchase from only 3.5%/year

From August 1, three laws related to real estate, including the Land Law, Housing Law, and Real Estate Business Law, officially took effect with many new regulations. According to experts, this new law is expected to help reduce real estate prices and increase housing access for people. However, in reality, there may be many changes in the opposite direction.

Real estate prices tend to increase rapidly after August 1

According to economic experts, the introduction of three new laws will help resolve many legal problems, create favorable conditions for suspended projects to be restarted and promote the emergence of new projects. In principle, when supply increases and the supply-demand equation is balanced, real estate prices in general and land prices in particular will cool down, but in reality, the opposite is happening. This is a natural and inevitable manifestation of the market when it starts to become active again at the same time, in line with the motivations and realities of both buyers and sellers.

In the context of the real estate market gradually recovering and the increasing demand for housing, the increase in house prices is an inevitable trend. From the perspective of investors, the pressure of increasing input costs, bank loan interest rates, and the project "shelving" period has made adjusting the selling price an inevitable solution to ensure business efficiency.

According to the latest report by Dat Xanh Services, primary selling prices in the second half of 2024 are expected to increase significantly compared to the same period last year. Specifically, the Hanoi market is witnessing the strongest price increase, estimated at 15%-20%, due to limited supply and high demand from buyers. In Ho Chi Minh City and neighboring areas, house prices are also forecast to increase by 5%-10% due to the impact of inflation and rising construction costs.

Lending up to 85% of asset value, Eximbank receives a series of positive responses

With the real estate market showing an upward trend in the coming time, many banks, including Vietnam Export Import Commercial Joint Stock Bank (Eximbank), are offering preferential loan packages with attractive interest rates and simpler procedures.

With a loan rate of up to 85% of the property value, customers can easily access a large source of capital to realize their dream of owning a house. In particular, preferential interest rates from only 3.5%/year, a maximum loan term of 40 years and a 7-year principal grace period have significantly reduced the financial burden for home buyers. This means that customers can comfortably repay their debts over a long period of time without too much financial pressure.

With high loan rates and attractive interest rates, Eximbank's loan package helps many people easily realize their dream of buying a house.

In addition, the quick approval process within just 8 hours is a big plus of Eximbank, helping customers save time and complete loan procedures conveniently.

Immediately after its launch, Eximbank’s real estate loan product received many positive responses and high customer satisfaction. Market reactions partly show that this product possesses outstanding features, which is a “savior” for many individual customers.

With its outstanding features and incentives, Eximbank's real estate loan products promise to become the top choice for those who want to buy a house, accumulate assets or invest in rentals. Eximbank is committed to providing optimal financial solutions, accompanying customers on their journey to build and develop their lives.