Core Viewpoint - The article discusses the recent implementation of the "commercial to public" (商转公) policy in various cities, particularly focusing on Guangzhou, which has become the second first-tier city to adopt this policy after Shenzhen. This policy allows homeowners to convert their higher-rate commercial loans into lower-rate public housing loans, providing significant savings for borrowers [1][3][5]. Group 1: Policy Implementation - Over 20 cities have initiated or optimized the "商转公" policy this year, with Guangzhou's recent announcement marking a significant step in this trend [5]. - The "商转公" policy is characterized by a gradual rollout, with second and third-tier cities leading the way while first-tier cities proceed cautiously due to the complexity of their existing loan structures [3][4]. - The policy aims to alleviate financial burdens on homeowners, especially as commercial loan rates remain high compared to public loan rates [7][8]. Group 2: Market Conditions - The recent acceleration of the "商转公" policy is attributed to a shift in government policy focus from traditional stimulus measures to consumer promotion and cost reduction [6]. - Market conditions have shown signs of weakening, with a decline in second-hand housing transactions and new home sales, prompting local governments to explore the "商转公" policy as a viable tool [6][9]. - The current public loan rates are significantly lower than commercial loan rates, making the conversion beneficial for homeowners [7][8]. Group 3: Eligibility and Restrictions - The "商转公" policy includes specific eligibility criteria, such as the requirement for the original commercial loan to have been repaid for at least five years and the property to be the only residence of the borrower [9][10]. - Cities implementing the policy are monitoring their public loan utilization rates, with measures in place to pause the program if certain thresholds are exceeded [10][12]. - The policy is primarily aimed at first-time homebuyers and young residents who may not have previously qualified for public loans [9][13]. Group 4: Future Prospects - There is a divided opinion among industry experts regarding the potential for more cities to adopt the "商转公" policy, with some citing high public fund utilization rates as a barrier [12][13]. - However, experts also suggest that as many cities maintain healthy public fund reserves, the likelihood of broader adoption remains [13]. - The ongoing shift in housing policy towards supporting reasonable consumer demand is expected to encourage more cities to consider implementing the "商转公" policy [13].

广州成为继深圳之后第二个加入的一线城市。 "我的房贷利率马上可以从3.2%降到2.6%，月供能省1000元多。"广州购房者大明（化名）在社交平台 晒出自己列的还款计划对比，他恰好赶上了广州最新出台的"商转公"政策。不过，想要享受这一红利并 不容易。原商贷需还款满5年、连续缴存公积金60个月且必须是家庭唯一住房，这些条件将不少购房者 挡在门外。 今年以来，已有超过20个城市推进"商转公"政策落地，广州成为继深圳之后第二个加入的一线城市。 传统政策应出尽出的情况下，未来还有多少城市"跟牌"商转公？业内人士认为，可能与城市公积金个贷 率相关。当前部分地区公积金个贷率持续走低，具备出台"商转公"政策的基础。但北京、上海、成都、 西安等一些热点城市目前公积金使用率相对充裕，公积金盈余也不多，跟进商转公的可能性不大。 又有一线城市拟启动"商转公" 尽管贷款市场报价利率持续下调，但目前公积金贷款利率仍显著低于商业贷款利率，"商转公"在一定程 度上有利于为购房者减负。 记者从业内了解到，所谓"商转公"业务，是指购房者在满足一定条件下，将原有较高利率的商业住房贷 款转换为较低利率的公积金贷款。该模式并非新鲜事，许多城市都有推出 ...