The decline in fixed interest rates continues and it is not the borrowers who will complain.

The decline in fixed interest rates continues and it is not the borrowers who will complain.

According to the latest figures provided by the online broker Pruntisum, banks have applied new cuts to their rates. The movement varies between -0.05 point and -0.10 point , which brings the duration 15 years under the bar of 3% ( 2.90% ). That of 20 years – the other term of reference – is not left at 3.20% , against a rate of 3.30% a month earlier.

These are attractive levels for borrowers … who are only indicative. Additional discounts can be applied by banks, depending on the profile and project of their customers.

Objective of these “rebates”? Revitalize a real estate market at half mast. “This new drop can be a breath of fresh air for real estate professionals ,” says communication director of Pruntisum.

Borrowing Council: do not wait to renegotiate your credit

Borrowing Council: do not wait to renegotiate your credit

Clearly, this widespread decline, observed since October 2013, represents ” a breath of fresh air for real estate professionals .”

A “puff” that could be called renegotiation of credit . This financial technique is for a borrower to subscribe to current conditions (include: at a cheaper rate) a new mortgage to repay his old loan.

Although many credits were renegotiated last year, banks are still ” fond of this type of file .” Notice to interested borrowers before a ” possible rate increase “.