Real Estate Credit Rate At May 2017: Still Favorable Conditions

Real Estate Credit Rate At May 2017: Still Favorable Conditions

After a period of uncertainty, the election of Emmanuel Macron to the Presidency of the Republic has reassured the financial markets. As a result, banks should continue to offer favorable mortgage rates in the coming months. Future buyers, be assured: after six consecutive months of slow growth, mortgage rates stabilized in early May. Some banks have even reduced their scale. Although this decline is relatively small, it deserves to be noted. Favorable conditions during the coming months These favorable conditions should be maintained in the coming months. Various factors contribute to it. First, the…

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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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Tips And Tricks To Get A Better Mortage Rate

Tips And Tricks To Get A Better Mortage Rate

NEGOTIATE YOUR MORTGAGE RATE Before buying an apartment or house, most people find out about current property rates (2.29% on average over 20 years in February 2015) to find out how much they can borrow. The interest rate is one of the most important elements of your home loan. We will see what criteria your banker will hold to offer you the best rate for your mortgage. You should not neglect the other elements of your credit and trust only the rate proposed. We must see his loan in its entirety.  Seen on…

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