“No more fragile household can borrow”: interest rates on mortgages accentuate their rise

by time news

Is becoming an owner a sweet dream for some French people? Since January, interest rates on mortgage loans have increased further. According to the latest statistics from the CSA Housing Credit Observatory, at the end of April, the interest rate over twenty years was 1.25% on average and 1.37% over twenty-five years… Far from 0.99 % and 1.13% recorded respectively in December. This represents an increase of 26% and 21% in just four months.

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