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Real estate loans: soon the rate decline?
Real estate loans: soon the rate decline? – (franceinfo)
Finally a positive sign on the real estate market. Credit rates are stagnating, they are at 4.3% over twenty years and some banks are even starting to offer slightly lower rates, perhaps the beginning of the end of the crisis.
Is this the end of the rise in mortgage rates? Banks are starting to lend again. For the first time since 2021, none of them increased their rates in December. Even better, some have even lowered them. This landscaper will soon own a house with his family. He borrows 232,000 euros from the bank with a rate of 4.6% over 25 years. “Current rates are obviously a little high but it still allows me to take out my loan and be a homeowner”he explains.
More favorable borrowing conditions
A very high rate but the situation is starting to change according to a broker. Borrowing conditions could be more favorable for buyers. We will now be on a plateau with some banks which are lowering their rates but to reposition themselves in the face of competition and to gain market share, explains Sandrine Allonger, spokesperson for Vousfinancer.
