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Having arrived at historically low levels in 2021, real estate interest rates could well rise in 2022. Explanations.
After ten years of almost uninterrupted decline, interest ratesimmovable are starting to rise again. For new buyers, it’s often a cold shower. This rise does not surprise professionals in the sector, who believe that it is rather a gradual return to normal. In 2021, on average, the borrowing rate was at 1%, a historically low percentage. In 2022, it has already gained 0.2%.
The rise should continue, unless the war in Ukraine comes to reshuffle the cards of the market immovable. “Will the European Central Bank raise its rates, as was more or less expected? A priori, no, not immediately, otherwise it will have a very strong impact on the growth of European countries“, analyzes Maël Bernier, spokesperson for Meilleurtaux.com. Despite the increase noted at the start of the year, borrowing rates remain historically low.