last drop before the tide turns?

The figures from our regional barometer have just been published : in November, the fall in real estate rates continues! The dynamic remains very favorable to borrowers, to the point where it may not last.

Borrowing rates noted on 11/22/2024

Rates are still falling

The downward trend that appeared at the start of the school year is not running out of steam. In November, average rates continue to improve across the overwhelming majority of the country :

The whole of France today seems to agree on an average rate of 3.55% over 25 years. In the space of a few weeks, conditions have clearly improved. As a reminder, last spring, these same indicators were all around 4%. Note that always very attractive discounts are granted for purchases of goods with a good DPE.

The tipping point soon to be reached?

As for the best current rates, the strongest cases can, still over 25 years, hope to negotiate up to 3.25% in most regions. Offers in Corsica and Occitanie even go down to 3.15%.

Generally speaking, the reduction in rates is excellent news for borrowers. However, the dynamic risks soon colliding with an accounting reality, at least among certain banks: the profitability of distributed real estate loans. Without further changes in the cost of money, organizations will not be able to lower their proposals indefinitely.and this, despite an unchanged desire to support as many projects as possible.