mardi 3 novembre 2009

The real estate loan rates are stabilizing

The latest barometer Empruntis.com, released Tuesday, the fixed rate mortgages at 15 and 20 years amounted to 3.90 and 4.05% at November 3, down from 0.05% a month for First, stable for the latter. "As we expected last month, banks mimic their scales and developments of recent gains on bullish or bearish on OAT," said broker loans. "They kept having as expected around 3.50%, banks have not altered their schedules, and only a few downward adjustments are noted".

This trend is expected to continue stabilizing in the coming weeks, "probably until the end of the year." Empruntis believes that "without the political upheaval in the European Central Bank, the rate loans to individuals are doomed to remain at very low levels. Further declines are not specific to exclude.

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