Home loans: bankers and brokers campaign to modify the calculation of the maximum rate

It is often overlooked even though it plays a crucial role in obtaining a mortgage. The rate of wear is the maximum rate at which your banker is authorized to lend to you. Calculated each quarter by the Banque de France, this ceiling rate includes all costs related to credit: the interest rate, of course, but also borrower insurance, guarantee costs (deposit, mortgage) and file. “The principle here is to consider that a customer who cannot borrow because of the rate of usury is a customer who is, at the same time, protected from a risk of over-indebtedness”, we support the Bank of France.