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Real estate loans: historically low rates, the continuous rush

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Real estate loans: historically low rates, the continuous rush – Sud Ouest.fr





































Published on by Dominique Richard.

Real Estate Credits: Historically Low Rates, Continuing R & R

Rates of interest flush with the daisies blaze the price per square meter in the metropolis.
Philippe Grellier Archives

Interest rates are falling steadily. If they reduce the debt of the state, they encourage households to borrow, causing real estate prices to skyrocket

Banker's memory in activity is unheard of. Like planes without wings, the interest rates do not stop plunging. States, businesses and households had never been able to obtain money at such a low cost. A long-term mortgage loan proposed at just over 3% in 2010, around 2% in 2016, is now trading on average at 1.2%. And some brokerage networks go down easily to 0.8% over fifteen years, or even less for borrower profiles …

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https://www.sudouest.fr/2019/08/30/credits-immobiliers-des-taux-historiquement-bas-la-ruee-continue-6502252-705.php

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