Real estate loans: finally the release on usury rates


The ceiling rates at which banks are allowed to lend will finally go up in October, which should loosen the grip on credit.

Real estate loans: finally the release on the rates of wear | Photo credit: Getty images

Real estate loans: finally the release on the rates of wear | Photo credit: Getty images

They were ready to take to the streets. Faced with the multiplication of refusals of real estate loans by banks, the Union of credit intermediaries (UIC) called on brokers to demonstrate in front of the Banque de France next Tuesday. In recent months, they have seen an increasing number of loan refusals (about half this month) because of usury rates, which are too close to borrowing rates which are slowly rising: 1.82% on average in August, excluding costs and insurance, and 2.6% for the rate of wear.

“Proportionate recovery”

The comments made by the Governor of the Banque de France, François Villeroy de Galhau, this Friday morning on RTL, should appease their anger. ” The existing calculation formula will be applied at the end of the month and will result in a well-proportionate increase in this ceiling ratehe thus informed, without however giving more details on the new rates of wear which could result from it. We talked about it with the Minister of the Economy and with the banks. This will make it possible to settle the cases of more difficult access to mortgages that there may have been in recent months. [NDLR : en particulier pour les primo-accédants et les emprunteurs les plus âgés] “.

No question, on the other hand, of introducing a monthly review as some demanded. For now, brokers have not reacted to this announcement.







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