Real estate credit: banks will again be able to raise their rates in January

Posted Dec 19 2022 at 12:45Updated Dec 19. 2022 at 17:18

An appointment awaited by mortgage professionals… as well as by households: the wear rate, the maximum rate at which it is authorized to grant a loan, will increase sharply once more on 1^is January. After an increase of 48 basis points (0.48%), this rate was raised to 3.05% (all costs included) for home loans over 20 years old on 1^is october.

“The usury rate allows for a gradual and proportionate rise in interest rates: following rising by nearly 0.5% at the end of September, it should experience a further significant increase by the end of December,” announced François Villeroy de Galhau in an interview with the “Journal du Dimanche”.