“Home credit is doing better than yesterday and worse than tomorrow.
» Optimism, even measured, is back on the real estate market, at least on its financing side, as illustrated by this formula from Julien Langlade, president of the Cafpi brokerage network.
After reaching a peak in November, borrowing rates are clearly on a downward trend at the start of the year with banks having regained their appetite to lend.
And thus help the French realize their dream of becoming owners.
“As an average rate, we are at 4.05% over 20 years and 4.20% over 25 years,” notes Maël Bernier, spokesperson for Meilleurtaux.
But excellent records can reach 3.80% and 3.85% over 20 and 25 years respectively.
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A sudden and significant readjustment which surprised even the profession after two very dark years.
As rates climbed, finally going from 1% to 4.5% over 20 years or more, the production of home loans plummeted to reach a threshold of 8.7 billion euros in November.
Half as much as two years ago.
The consequence of borrowers who put their project on hold in the face of soaring credit costs or, quite simply, banks who no longer found their account with zero or even negative profitability.
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