Real estate: 6 tips for a first purchase in times of crisis

2023-09-23 09:09:46

The rise in the price of real estate loans continues to accelerate. Today, the average borrowing rate over twenty-five years exceeds 4%, while it was only around 1.20% in January 2022. It has almost doubled since January, and households wishing to buy for the first time a property suffered the blow. “For us, it’s simple, last year, first-time buyers represented 30% of buyers. There are half as many today,” announces Frédéric Bourelly, CEO of Mon chasse immo, an apartment and house search service.