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Many home loan files were blocked due to the attrition rate, but this will change from Saturday October 1st. The wear rate will indeed be revised upwards by the Banque de France.
It is good news that Camille hellequin no longer hoped. Blocked for weeks, his mortgage will finally be authorized by his bank thanks to the increase in the rate of wear, which will be effective from Saturday, October 1. “It is a relief”rejoices Camille hellequin. Like his, thousands of files were blocked because of this rate of wear, that is to say the sum of the basic interest rate, the insurance and the processing fees. When it exceeds a certain threshold, it is impossible to borrow.
The Banque de France will increase the limit on the usury rate, 2.57% at 3.05%. This is enough to unlock many credits. “We have files that have been blocked for 0.01% loan”explains Olivia Torossianfinancial advisor. But this breath of fresh air could be short-lived. Blame it on credit rates that continue to soar, while the wear rate only changes once every three months.