Mortgages: In 6 months, rates rose from 1 to 2% – Le-pret-immobilier.com

Mortgage of 2% for winning spouses under 4,000 euros

You have to go back to 2016 to find Mortgage rates close to 2%. In July of that year, for example, prices averaged 1.70% over 20 years and 2.03% over 25 years, according to Meilleurtaux.com. As for theinflationIts rate was estimated at 0.2% over the year, compared to 0% in 2015 and 1% in 2017.

After 6 years, households are once again facing high interest rates and rapid inflation this time. According to the “June 2022 Average Real Estate Price Scale” provided by the Central Finance Department, we are now borrowing at 1.14% over 10 years, 1.45% over 20 years, and 1.64% over 25 years. While price change was measured or even stable across all periods in June, it was 0.06 point higher over 25 years. Moreover, these official metrics sometimes seem far from reality. In any case, that’s what Maël Bernier of Meilleurtaux.com suggests, in an interview with Le Figaro Immobilier, which has already been giving low-income families 2% loans over 25 years and even 20 years.

Depreciation and inflation: will mortgage lending have to take a breather?

as a result ofInflation is now above 5%.I’10 years OATsThe government borrowing rate, which is nothing but the government borrowing rate, was set at 1.8% versus 0.4% in March. This explains in part Mortgage rates increasewhile forcing banks to raise their profit margins.

This trend should continue and even increase in the coming months. To adapt to the economic context, the European Central Bank has already planned to raise key interest rates in July, which could penalize more borrowers.

The wear rate is determined at the beginning of each quarter by the Banque de France, for each credit category (10 years, 20 years, fixed, variable, carry forward, etc.). The problem, calculated on the basis of the rates practiced by banks over the past three months. Thus there is a gap between the current rates and this ceiling rate.

According to Meilleurtaux, banks set their rates by adding 100 basis points to the 10-year OAT rate. The problem is, this may amount to offering rates close to 2.8% for French households, higher than wear rate It is currently set at 2.4%, which is prohibited by law. Under the current circumstances, many banks say they are ready for this Less real estate loans.

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