Vis-a-vis an increasingly morose economic context and the various problems encountered by the banks, the impact on the real estate credits seems still relative. However, of measurements were taken, because the crisis watches for despite everything the sector proof it is with what arrived at Bank DEXIA.
1- The stability of the rates of the real estate credits
The context of the world-wide crisis and the increasing period of world economic recession seems for the moment not to have not yet affected the sector of the real loans.
However, the situation of current stability is likely to be degraded in times to come. Indeed, a threat of retreat could generates from here a few months a clear increase in the rates of credit. That is explained in particular by a risk of the degradation of the note of France of AAA towards AA+ but also a reduction in the American consumption which takes all the same for 20% of worldwide consumption in terms of GDP.
The rates of refunding can be negotiated of 4.05% over 15 years with 4.30% over 20 years on average. These figures reveal a rather fixed reality of stability having taken only 80 basic points compared to last year.
The fact is explained according to the broker in Empruntis credit by a greater confidence with the more stable profiles in their refunding. What means that the banks lend to the good people and tries to the maximum to avoid the toxic loans which could affect their treasury.
The only establishments which could re-examine their price downwards are those which proposed rates more expensive than those applied to the market. For the moment the tendency is thus with stability.
The period of September remains altogether a period of prudence and mistrust.
2- Readjustments operated by the professionals vis-a-vis the current context
The threat which planes on the current banking environment leads the banks to take all the possible precautions in the granting of credit. Prudence remains key word of the procedures, the banks lending only to the reliable “profiles”.
With regard to the already subscribed loans, a readjustment of the already existing conditions was operated. Measures were taken in order to reinforce the return on investment by applying more strict measurements.
Let us recall that the origin of the current economic crisis goes back to the non-payment of the American consumers what caused the arrival in mass of toxic real loans.
With an environment such as it is currently the only means to obtain a credit is to have a profile than interesting more. The quasi-similarity of the rates of refunding having more or less choked competition enters the banks.
For the moment, the experts on the matter recommend to profit from a good rate of optimal refunding the possession of an excellent file of financing.
The banks will be shown more careful when they grant loans, the consumers will be obliged to take well into account all the parameters at their disposal in particular if they can reduce to the maximum the taking risk of their bankers and offer reliable guarantees of refunding and giving confidence. |
