Real estate loans: another drop in rates

Do whatever you want in May. If the adage didn’t hold true this year in terms of weather, it was a good day for mortgage borrowers. Between December 2023 and May 2024, the number of loans granted increased by 86%, the latest Housing Credit Observatory reveals. “The banking offer is again more dynamic”, he notes. Banks again decided to win customers and eased their credit terms and lowered their rates. In May, the average loan interest rate, all maturities combined, fell to 3.73%, the level of July 2023. Enough to bring some color back to a housing market that has been half-mast for a year.

3.3% at the end of the year?

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