2026年2月26日前已受理但未发放的公积金贷款，借款申请人与购房合同各方协商一致的，可向贷款受 理机构申请撤销原贷款申请，按照调整后的贷款条件、额度等政策重新申请公积金贷款，具体可咨询公 积金贷款受理机构。 免责声明：本文内容与数据由观点根据公开信息整理，不构成投资建议，使用前请核实。 2026年2月26日前受理的公积金贷款按原政策执行，2026年2月26日（含）后受理的公积金贷款按调整后 的政策执行。 观点网讯：2月25日，上海市公积金管理中心介绍，根据《关于优化本市住房公积金个人住房贷款政策 的通知》（沪公积金管委会〔2026〕1号），相关政策调整自2026年2月26日起施行。 ...

本次政策调整的重点在于优化"商转公"贷款的申请次序。新规明确，将优先支持从未使用过公积金贷款 的缴存职工家庭办理商业性个人住房贷款转住房公积金个人住房贷款业务。 此外，2026年度贵阳市"商转公"贷款总规模设定为5亿元。管理部门将根据实际的贷款预约情况及住房 公积金资金的运行状况，对贷款规模进行动态调整，以保障公积金资金的安全与稳定运行。 转自：贵州日报 本报讯 贵阳市住房公积金管理委员会近日发布通知，自2026年3月1日起，在现有提取与贷款政策基础 上，正式实施流动性风险三级响应措施。本次开展"商转公"贷款业务采取线上预约排队、线下分批办理 的方式进行，2月25日上午9点开放预约。 据了解，由于当前贵阳市住房公积金个贷率已连续3个月保持在95%以上，根据《贵阳市住房公积金流 动性风险管理办法》规定，已触及流动性风险三级响应启动条件。本次政策调整旨在应对当前公积金资 金流动性趋紧的态势，通过科学调控，优先满足特定群体的贷款需求，确保住房公积金制度的公平性与 可持续性。 （贵阳日报融媒体记者 王芳） （《贵阳3月起优先支持 特定人群"商转公"》由贵阳日报为您提供，转载请注明来源，未经书面授权许 可，不得转载或镜 ...

一份最新报告发现，过去三年间，多伦多每月难以按时偿还房贷的房主数量增长了超过三倍。 2026年2月初，加拿大抵押贷款和住房公司（CMHC）发布了这份题为《房贷续签潮来袭，部分地区和借款人承压》（Mortgage renewal wave strains some regions and borrowers）的报告。 CMHC 表示，加拿大各地逾期90天或以上未还房贷的房主整体数量有所增加，而且这一问题在大多伦多地区最为明显。 大约有220万笔房贷（占加拿大所有未偿还房贷的45%）在2024年或2025年续签，其中许多房主面临的还款额比他们在2020年和2021年疫情时期利率下所 支付的金额要高。 报告显示，2025年第三季度，大多伦多地区有2797名房贷消费者拖欠还款，而2022年同期这一数字为662人。 需要指出的是，GTA地区的整体房贷拖欠率（mortgage delinquency rate）仍相对较低，为0.26%。 CMHC 副首席经济学家 Tania Bourassa-Ochoa 表示："过去两到近三年里，我们一直看到房贷拖欠情况相当稳定地增加，但这种增长主要是由多伦多市场 推动的。" 根据 Eq ...

Core Viewpoint - The article discusses the recent developments in commercial real estate REITs in China, highlighting the regulatory framework, compliance challenges, and the potential benefits for the market and investors [2][3][4]. Regulatory Framework - As of December 31, 2025, a total of 12 commercial real estate REITs have been submitted and accepted by the Shanghai and Shenzhen stock exchanges, with 11 from Shanghai and 1 from Shenzhen [2]. - Compliance remains a fundamental requirement during the review process of commercial real estate REITs, balancing the significance of issues with the constructive nature of the review [2][3]. Compliance Challenges - The complexity of commercial real estate REITs involves long construction and operation cycles, with numerous compliance procedures that can hinder project advancement [3]. - Historical factors have led to widespread compliance deficiencies in the commercial real estate sector, necessitating a comprehensive approach to compliance across various aspects, including asset governance and information disclosure [3]. Market Opportunities - Commercial real estate REITs are seen as a key financial infrastructure that can optimize resource allocation and support economic growth, transitioning the real estate industry from developers to asset managers and service providers [4]. - They provide a "pricing anchor" for the commercial real estate market, enhancing price transparency and valuation standards, which can help stabilize and promote long-term market health [4]. Investment Demand - The ongoing low-interest-rate environment is shifting the asset allocation logic, increasing demand from social capital and institutional investors for stable, long-term, and inflation-resistant yield assets [4][5]. - Commercial real estate REITs offer high dividend payouts and low correlation with stocks and bonds, making them attractive for long-term investment needs [5].

Core Viewpoint - The article discusses the recent developments in commercial real estate REITs in China, highlighting the regulatory framework, compliance challenges, and the potential benefits for the market and investors [2][5]. Regulatory Framework - As of December 31, 2025, the China Securities Regulatory Commission (CSRC) officially launched the pilot program for commercial real estate investment trusts (REITs), with 12 applications received and accepted by the Shanghai and Shenzhen stock exchanges [2][4]. - Compliance remains a fundamental requirement during the review process of commercial real estate REITs, balancing the significance of issues with the constructive nature of the review [2][3]. Compliance Challenges - The complexity of commercial real estate REITs involves lengthy construction and operation cycles for underlying assets, with numerous compliance procedures required for each project [3][4]. - Historical factors have led to widespread compliance deficiencies in the commercial real estate sector, necessitating a comprehensive approach to address compliance issues across various aspects, including product issuance, asset governance, and information disclosure [3][4]. Market Opportunities - Commercial real estate REITs are seen as a key financial infrastructure that can revitalize substantial social stock assets, enhance resource allocation efficiency, and support economic growth transformation [5]. - They provide a crucial exit channel for developers, facilitating a shift from "developers" to "asset managers and service providers" in the real estate industry [5]. Pricing Mechanism - Commercial real estate REITs are expected to establish a "pricing anchor" in the market, addressing the lack of a transparent and continuous price discovery mechanism in the domestic commercial real estate sector [5]. - The standardized financial products traded in public markets will allow for asset valuations based on operational cash flows, providing a public signal formed by investor consensus [5][6]. Investment Demand - The ongoing low-interest-rate environment is changing the underlying logic of asset allocation, with a growing demand from social capital and institutional funds for stable, long-term, and inflation-resistant yield assets [6]. - Commercial real estate REITs, characterized by high dividend payouts and low correlation with stocks and bonds, align well with the investment needs of long-term capital [6].

Core Viewpoint - The introduction of commercial real estate REITs in China is seen as a significant step towards optimizing resource allocation and providing a transparent pricing mechanism in the real estate market, which has historically lacked such features [1][3]. Group 1: Regulatory Framework - As of February 11, 2025, there have been 12 commercial real estate REITs applications submitted and accepted by the Shanghai and Shenzhen stock exchanges, with 10 already accepted and 2 still in the application process [1]. - Compliance remains a fundamental requirement during the review process of commercial real estate REITs, balancing the need for inclusivity and adaptability in the regulatory framework [1]. - The regulatory authorities emphasize the importance of providing feasible compliance solutions for projects facing obstacles, aiming to guide market participants towards meeting compliance requirements [1]. Group 2: Market Dynamics - The complexity of commercial real estate REITs, including lengthy construction and operation cycles, necessitates extensive compliance procedures, often involving numerous regulatory steps [2]. - The launch of the pilot program for commercial real estate investment trusts by the China Securities Regulatory Commission (CSRC) on December 31, 2025, marks a significant regulatory development [2]. - The first batch of commercial real estate REITs products was reported to have been submitted and accepted by the CSRC and exchanges by the end of January 2026, indicating a growing interest in this financial instrument [3]. Group 3: Investment Opportunities - Commercial real estate REITs are expected to revitalize a large volume of social stock assets, enhancing resource allocation efficiency and serving as a key financial infrastructure for economic growth and transformation [3]. - The transition of the real estate industry towards asset management and service provision is facilitated by commercial real estate REITs, which provide developers with crucial capital recovery channels [3]. - The introduction of commercial real estate REITs is anticipated to establish a "pricing anchor" in the market, addressing the long-standing lack of a transparent price discovery mechanism in the domestic commercial real estate sector [3]. Group 4: Investor Sentiment - The ongoing low-interest-rate environment is shifting the underlying logic of asset allocation, with institutional investors increasingly seeking stable, long-term, and inflation-resistant yield assets [4]. - Commercial real estate REITs offer high dividend payouts and low correlation with stocks and bonds, aligning well with the investment needs of long-term capital [4]. - The current market cycle adjustments have led to attractive valuation levels in certain areas of the commercial real estate market, highlighting the safety margin for potential investments [4].

Core Viewpoint - The article discusses the recent measures taken by the Trump administration to lower housing costs in the U.S., including the purchase of $200 billion in mortgage bonds by Fannie Mae and Freddie Mac, and the restriction on large institutional investors from buying single-family homes. However, experts believe these measures are short-term solutions and do not address the underlying structural issues in the housing market [3][4]. Group 1: Housing Market Trends - As of November 2025, U.S. home prices increased by 0.6% month-over-month and 1.9% year-over-year, with significant regional variations in price changes [3]. - The Pacific Coast region saw a 0.4% decline in home prices over the past year, while the Northeast Central region experienced the highest annual increase at 5.1% [3]. - The current housing inventory in the U.S. is at a 4-month sales level, which is below the 6-month balance point, indicating a persistent shortage of approximately 4 million homes [4]. Group 2: Interest Rates and Mortgage Trends - The average rate for a 30-year fixed mortgage is currently at 6.09%, down from a peak of 8.0% two years ago, following Trump's announcement to purchase $200 billion in mortgages [5]. - Economists suggest that if mortgage rates drop to 5.5%, it could significantly impact the market by encouraging first-time homebuyers and alleviating the "lock-in effect" for current homeowners [7]. - Predictions indicate that mortgage rates could fall to between 5% and 5.5% in 2026, potentially accelerating home price increases by 2% to 5% [8]. Group 3: Regional Market Dynamics - The U.S. housing market is fragmented, with varying affordability and supply-demand dynamics across different regions. The Northeast and Midwest face inventory constraints, while the South and West are experiencing affordability pressures despite more active construction [10][11]. - Cities like Chicago, New York, and Cleveland saw the highest year-over-year price increases, while cities such as Phoenix, Dallas, and Tampa experienced declines [11]. - Dallas is highlighted as a potential hotspot for real estate investment in 2026, driven by its status as a major financial center and significant population growth [12].

在贷款最高限额方面，实现大幅提升。新政将首套、第二套住房贷款最高限额分别由100万元、50万元提高至120万元、100万元。针对多子女家庭购买住 房，贷款最高限额上浮20%，养育两个及以上子女且至少一个子女未成年的，首套、第二套住房贷款最高限额分别由120万元、50万元提高至144万元、120 万元，切实减轻多子女家庭购房压力。 同时，新政提高了第二套住房计算贷款额度的账户余额倍数。新政将第二套住房贷款额度不高于贷款申请人住房公积金账户余额的10倍调整为不高于贷款申 请人住房公积金账户余额的20倍。在贷款期限上，二手住房公积金贷款最长期限由原来的20年延长至30年。 《贷款办法》明确，贷款受理日期为贷款银行向市住房公积金管理中心提交缴存人贷款申请之日。贷款受理日期在2026年2月1日之前的，可贷年限及额度仍 按《贷款办法》施行前的政策执行。 转自：天津日报 本报讯（记者 陈璠）昨日，我市发布《天津市个人住房公积金贷款管理办法》（以下简称《贷款办法》），通过提高贷款最高限额、提高第二套住房计算 贷款额度的账户余额倍数、延长二手住房贷款最长期限等多项调整，加大对缴存人刚性和改善性住房需求的支持力度，助力实现住有所 ...

Converting a property from one unit to up to four units, or the reverseThe FHA’s maximum loan limit for the county where the property is locatedGenerally, the most you can borrow for the loan is the lowest of the following:A 203(k) renovation loan can be a 15- or 30-year fixed- or adjustable-rate mortgage. The amount you can borrow depends on criteria such as your credit rating and income. The total amount borrowed through 203(k) loans must be within FHA loan limits for the area in which the home is located ...

通过调整个人住房公积金贷款（以下简称"公积金贷款"）政策，加大对缴存人刚性和改善性住房需求的 支持力度，助力实现住有所居、住有宜居。 三、《贷款办法》调整的主要内容是什么？ 1．提高贷款最高限额。将首套、第二套住房贷款最高限额分别由100万元、50万元提高至120万元、100 万元。养育两个及以上子女且至少一个子女未成年的，首套、第二套住房贷款最高限额分别由120万 元、50万元提高至144万元、120万元。 1月26日金融一线消息，天津市住房公积金管理中心今日发布《天津市个人住房公积金贷款管理办法》 政策解读，介绍了现行贷款政策调整相关问题。 一、本次政策出台的背景和依据是什么？ 为深入贯彻落实党的二十大和二十届历次全会精神，更好发挥住房公积金支持住房消费作用，结合我市 实际，对现行贷款政策进行调整，出台《天津市个人住房公积金贷款管理办法》（以下简称《贷款办 法》）。 二、《贷款办法》调整的目标任务是什么？ 2．提高第二套住房计算贷款额度的账户余额倍数。将第二套住房贷款额度不高于贷款申请人住房公积 金账户余额的10倍调整为不高于贷款申请人住房公积金账户余额的20倍。 3．延长二手住房贷款最长期限。将二手住房 ...