The first property tax notices to arrive… and which may cause some unpleasant surprises. A pay slip showing a net social amount with potential perverse effects. And a wear rate approaching 6%. Here are the 3 news of the day for your money.
Property tax notice 2023: +7% minimum…
The basis for calculating property tax – cadastral rental value – has increased by 7.1% this year due to inflation, after 3.4% last year. Added to this national increase are increases (or rarer decreases) in rates for municipalities or departments… What increase, in total, in your opinion? End of suspense in your mailbox if you are one of the first served. Or tomorrow Wednesday August 30 on impots.gouv.fr if you are not monthly. All info.
Activity bonus: the perverse effect of the net social amount
The social net amount line appeared on your payslip for the month of July. Zero revolution for most employees and civil servants… Only interest: to simplify the requests for activity bonuses at CAF… except that it could penalize certain beneficiaries of the RSA or the activity bonus. Here’s why.
Real estate credit: soon the 6% maximum?
The usury rate, the legal maximum at which banks have the right to lend, has increased every month since 2023, in order to avoid blocking borrower files. But this threshold continues to climb: 5.56% now for the longest loans, beyond 20 years. More informations.
Wear rate for real estate loans in September 2023
| Categories | Average effective rate applied during the three months prior to September 1, 2023 | Wear rate applicable to September 1, 2023 |
|---|---|---|
| Real estate loans | ||
| Fixed rate mortgage loans | 3.17% | 4.23% |
| Fixed rate mortgage loans ≥ 10 years and | 3.96% | 5.28% |
| Fixed rate mortgage loans ≥ 20 years | 4.17% | 5.56% |
| Variable rate home loans | 3.85% | 5.13% |
| Bridging Loans | 4.15% | 5.53% |
This category also includes credit resulting from a consolidation comprising one or more home loans whose share exceeds 60% of the total amount of the consolidation operation. Source: Legifrance.