Soaring credit rates, new figures on the salaries of civil servants and falling real estate prices… Discover the 3 unmissable news for this Thursday, June 29th.
Unpublished maximum rates for real estate credit
New cap for attrition rate. The latter, which makes it possible to set the maximum rates for new loans, will reach 5.09% in July for loans with a term of 20 years or more. A level not seen for 20 years.
Good news, with this new ceiling rate should allow banks to rebuild their margins and therefore to lend more easily to individuals. On the other hand, mortgage rates will continue to climb and could even reach 5% soon. Explanations.
What civil servants earn
The remuneration of civil servants will be boosted from July 1 according to a decree published on Thursday. In the meantime, each year, INSEE publishes a study on the salaries of civil servants. The latest was published on Thursday. Civil servants have seen their salaries increase, the survey indicates. But what is the average salary in the State civil service, in the hospital civil service or even in the territorial civil service? And who wins the most? Response elements.
Fall in real estate prices
As mortgage rates rise, the purchasing power of future borrowers declines. Indeed, until now the prices of the real estate did not fall, to see even continue to increase in certain cities.
But the situation is changing, according to the quarterly barometers of several agency networks. We are in a transition period which should lead to a sharper drop in prices, even advances Guillaume Martinaud, president of Orpi. Here’s why.
These cities where real estate prices are finally falling and those where prices are still rising