Real Estate Credit Rate, a Calm Summer

Real Estate Credit Rate, a Calm Summer

Vacationers will be able to continue to enjoy the summer without worrying about a rise in mortgage rates. The average credit rates over 10, 20 and 30 years are certainly up slightly but do not affect the borrowing capacity of buyers. Over 15 and 25 years, the rates remain stable. This calm is explained by the fact that the OAT (equivalent Treasury bonds) which base the mortgage rates of financial institutions remain at very low levels, between 0.8% and 1%. This despite a slight rise in recent months. This level of OATs allows…

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Local Taxation, An Element Of Your Budget Not To Forget

Local taxation weighs on the monthly repayments of your mortgage

Local taxation weighs on the monthly repayments of your mortgage.  In most French cities, local taxes increase the borrowing rate by around 1%. When subscribing to your mortgage, it is important to take into account the weight of local taxes in the repayment of your monthly payments. Remember that the government finally deferred the exemption of the housing tax. Local taxation – property tax and housing tax – therefore retains its importance. The weight of local taxation The local taxation thus represents approximately 173 euros extra each month. It is obviously not identical…

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