The Limited Times

Now you can see non-English news...

Real estate: these tricks that allow you to get a loan despite everything

2022-09-24T12:10:18.636Z


OUR ADVICE - The sharp rise in interest rates complicates obtaining credit. Discover the mechanisms behind this phenomenon and the good advice to circumvent the difficulty and in particular to avoid exceeding the rate of wear.


On the mortgage front, it is not easy to be optimistic at the moment as the situation has become tense in a few months.

And yet, despite their sharp rise, credit rates remain very low: 1.85% over 20 years and 2% over 25 years for a good file, according to Meilleurtaux.

They remain well below inflation, which is above 6%.

Real credit rates are therefore negative.

In other words, you can get rich by going into debt.

Certainly, but galloping inflation has not been accompanied by an increase in wages in France.

Consequence: the borrower must not only face a sharp rise in rates - and therefore the cost of credit - but also a stabilization of his income, and therefore of his contribution.

This is why its borrowing capacity decreases.

This eliminates the solvency of a good part of first-time buyers.

Rates will go up again

Second-time buyers are not always at the party either.

Most of them being seniors, the banks offer them such a high insurance rate that their…

This article is for subscribers only.

You still have 90% to discover.

Cultivating your freedom is cultivating your curiosity.

Keep reading your article for €0.99 for the first month

I ENJOY IT

Already subscribed?

Login

Source: lefigaro

All life articles on 2022-09-24

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.