The debt-to-income cap of 35% of income will not be lifted, at least not for today. The Ministry of Economy, after the meeting of the High Financial Stability Council (HCSF), is not promoting this path to the release of real estate loans, but is proposing other measures to try to restart the volumes of real … Read more
The real estate market is in crisis. Getting a loan to buy a home is getting more and more complicated. Economy Minister Bruno Le Maire suggests several ways to restart the machine, such as break the 35% debt rate lock. “I hope it goes that far,” Maël Bernier, spokesperson for Meilleurtaux.com, responds to RTL. “Today … Read more
In order to restart the construction of houses, the executive wishes to “double the production of transitional rental housing (LLI)” in stressed areas, from now until the end of the five-year period (increase from 15,000 to 30,000 units per year). This Thursday, November 16, in Dunkerque, Élisabeth Borne announced the commitment of the State and … Read more
Is the worst of the mortgage crisis behind us? The number of loans provided is far from raising the bar (-43.5% in one year according to the Logement Credit Observatory), but some good news will please borrowers. Loan rates have stopped going up and better yet, they are starting to go down. Big banks that … Read more
With the new reduction in Pinel tax exemption rates in 2024, it is becoming increasingly difficult for investors to turn to real estate to reduce their tax burden. However, in the first case, they can turn to the Loc’Avantages system. The principle is simple: the lower the rent offered, the greater the income tax reduction … Read more
Lightening up for buyers as mortgage rates rise? Economy Minister Bruno Le Maire announced this morning to RTL the extension of the so-called “PTZ” system, loans with zero interest. It allows an individual to get a portion of their loan without the slightest interest, subject to means testing. Originally, this state support was supposed to … Read more
Usually, the French often start by buying a two-room apartment and then another room, for example, for childbirth. But that was before. The rise in loan rates has completely turned this residential journey upside down. Buying a first house with an area of 50 m² is not necessarily worthwhile for young households. And above all, … Read more
Real estate players are unanimous: the housing sector is in crisis. The housing minister himself also talked about a “social bomb” being prepared from autumn 2022, mainly due to inflation. In an effort to neutralize it, the government launched extensive consultations with experts and associations within a committee called the National Housing Refoundation Council (CNR). … Read more