Rate of loans to households decreased
Real estate loan applications from banks is very strong, low rates and banks being flexible.
"At Meilleurtaux said Christian Camus, CEO, we are seeing a rise in loan applications - 51 000 cases registered in October 2010, against 35,000 a year earlier - and a significant increase in cases that result. But the most significant fact in recent months, especially since this summer, focuses on the increasing requests for renegotiations: 30% of cases submitted to our site (meilleurtaux.com) in October, focuses on the renegotiation of loans (15 000 records from a total of 49 000), almost five times more than what we were seeing a year earlier.
For those in debt or for new borrowers, these rates mean lower monthly payment or to save several years of credit. The trend in the number of transactions is increasing, although these signs of recovery in a relatively short term to be confirmed. |
