The lower rate credit stabilizes according meilleurtaux.com

As expected of professionals, the European Central Bank (ECB) has maintained for the sixth consecutive time, its main rate at its lowest historical level. Its refinancing rate thus remained at record low of 1%. "Combined with a willingness of banks to make even minor cuts rates to attract new customers, this situation should continue to provide great opportunities for individuals," says mortgage broker Meilleurtaux.com. The objective of the ECB is to promote the revival of the credit market including the distribution of mortgages.

The ECB policy influences the pricing policy of banks, a majority of them have lowered their lending rates in October, below the 4% mark in 20 years: "The rate of appropriations decreased by 0.10% on average in October and some banks continued movement in November, but to a lesser extent (- 0.05 points). In a context of stability of the ECB rate and rate of financial markets, where even slight reductions in lending rates by the end of the year, they are only related to the willingness of banks win new customers, after several months of decline in transactions, "says Sandrine ALLONIA, head of economic studies and spokesman Meilleurtaux.com.