Access to property: the decline in mortgage rates continues in June

Les taux immobiliers poursuivent leur baisse. Lentement, mais sûrement. On pourrait arrive à un taux de 3 % sur 15 ans d'ici la fin de l'année, selon Pretto. MAXPPP – Sebastien JARRY

Household borrowing capacities are recovering. But some insist on remembering that the problem is not the rates, but the prices of housing put up for sale.

The clouds continue to clear over the real estate market. According to the latest barometer from the broker Cafpi, real estate loan rates recorded, in May, their "5th consecutive month of decline". A "slow" decline, but a decline nonetheless.

Thus, according to Cafpi, in May, the rates negotiated for clients reached 3.60% over 10 years (down 3 hundredths), 3.66% over 15 years (-3 hundredths) and 3.78% over 20 years (-1 hundredths). That is, “rates close to those practiced in July 2023, when rates were on the rise".

"new perspectives" for borrowers

Same observation for the 100% digital broker Pretto. "The easing of rates continues, specifies the broker. The rebound observed at the end of April on refinancing costs n& rsquo;was only short-lived, allowing financial institutions to continue their downward trajectory".

The prospects for the future are therefore more and more favorable."These rate cuts associated with greater flexibility in conditions open up new perspectives for borrowers, provided they know which banks to send their application to", we add at Pretto.

All eyes on the ECB

For Cafpi, "if the declines remain marginal compared to last month, they are part of a broader movement".< /em> Indeed, "after a timid first quarter in terms of credit production, with only 21.9 billion euros of real estate loans signed, the outlook remains positive for the rest of the year.