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Mortgage: with the increase in the usury rate, will borrowing rates soar in October?


Banks are expected to accelerate the pace of rate hikes due to tighter refinancing conditions. The rise in the rate

Good news can hide bad news.

Real estate professionals were pleasantly surprised when they learned, on Wednesday, September 28, of the magnitude of the rise in the maximum rate at which one can borrow.

Thus, from this Saturday, October 1, it will be possible to take out a loan over 20 years and more up to 3.05% instead of 2.57%, including mortgage, borrower insurance and additional costs.

"It will allow a lot of outstanding files to pass", is satisfied Ludovic Huzieux, co-founder of Artémis Courtage.

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Source: leparis

All business articles on 2022-09-29

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