banks lend more easily at the start of the year

Is this a brightening in the real estate market? The dream of a family who has just bought a 300 m² house is about to come true, after a year of research. An emergency for the couple with five children who until now lived in an 80 m² house. After four mortgage loan refusals, they finally went through a broker, and obtained a loan of 62,000 euros over 25 years, at a rate of 4.20%.

Credit applications have surged

According to Laurent Gomez, associate director of La Maison des Courtiers, banks have been lending more easily since January. “We feel a drop in rates, factually, (…) and a willingness of banks to support us, and to support customers”, he assures. And the buyers felt it. Since October 2023, credit applications have jumped 30% at one of the main brokers. Borrowing rates are also more attractive.

Among our sources

39^e Real Estate Observatory / Best Rate / March 19, 2024

Non-exhaustive list