Behind the stability of real estate loan rates, the appetite of the banks

It should also be noted that 2 establishments are making increases (15 basis points on average). In fact, the average rate over 20 years remains stable at 3,80%. For the best profiles, the rates on short durations fall by 10 basis points, while on long durations they increase due to the repositioning of an establishment which was the least expensive.

Analysis by Nassima Khiari, Banking Relations Manager, Empruntis Group

For Nassima Khiari, Head of Banking Relations at Groupe Empruntis: “The political situation does not seem to be reaching the wishes of the banks: they are still on the offensive, which allows, despite variations in the 10-year OAT, to maintain stable rates. It is interesting to note that beyond the scale, banks apply significant discounts depending on the profiles: on average 20 basis points, with sometimes significant commercial gestures, up to 50 basis points. This practice is spreading to more and more regions. Furthermore, new banks apply specific discounts for energy renovation, the purchase of an efficient property or the construction of a property. Finally, processing times are currently excellent, one more reason to get started if you have a project! »

Illustrative image of the article via Depositphotos.com.