For Maël Bernier, spokesperson for Meilleurstaux.com, the economic situation linked to the Covid-19 crisis has not discouraged households from borrowing, especially with such attractive rates.
Conditions which encourage young people in particular to invest in stone, while prices are falling in the big cities.
Is it time to take out a mortgage?
MAËL BERNIER.
We have never seen rates so low or even better than those of fall 2019, which were already a record.
They vary from 0.85% to 1.2% over twenty years, depending on your repayment capacity.
But beware, the banks carry out very extensive studies on a case-by-case basis.
It is better to be in an area which is not on a drip of state aid because, once it is finished, what will happen?
After that, we can always wait and hope that it drops further, but even if it does, it will be a very low figure, around 0.005%.
If there's a project going on, it's not really worth the wait any longer.
And doesn't the fear of unemployment limit recourse to credit?
Not really since we are dealing with 10% more cases compared to January 2020. This is explained by the fact that currently, stone is the only area we can turn to.
People no longer travel, cushy investments do not bring in anything, so real estate seems to be the safe haven.
These low rates encourage young people in particular to invest.
Almost half of the cases we handled concern young people under 35 years old.
As the duration lengthens.
Today, households borrow over 22 years.
In 2005, it was more like 15 years.
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With rates this low, is it worth it to still use brokers?
Each bank has its strategy.
And within the same group, regional branches can have different policies.
It all depends on the objectives set.
Some, looking for clients, will offer attractive rates.
Conversely, those who have achieved their goals will make less effort.
And that, the broker knows.
This is why he will know how to guide you.
