The Banque de France is changing (a bit) its system

Posted on 27 Jan 2023 in Newsletter
The Banque de France is changing (a bit) its system

Following the recent difficulties for the banks to be profitable (40% of the mortgage applications were / are being turned down), the Banque de France has decided to review its system.

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Why is the rising of French mortgage rates a good thing?

Posted on 16 Dec 2022
Why is the rising of French mortgage rates a good thing?

France has not escaped the rise of rates over the last few months. Yet these increases have not been to the level seen in countries like the UK.

In France, as the rates were extremely low to begin with, the recent rise puts them back in the realm of normality, which you can see here.

As you can see, rates have been extremely low (under 2,5%) in France for around half a decade. During this period we’ve seen a gradual constriction of the market, with fewer mortgage products on the market and even fewer banks offering non-resident mortgages at all.

Yet with such low rates, is anyone really surprised the market has ended here? As much as many consumers are programmed to loathe banking institutions (unless it favours or benefits them), if there is such little money in a market, is it a surprise that the products within that market have dwindled?

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The ‘’Taux d’usure’’ is increasing and it is not that bad of a thing!

Posted on 20 Jul 2022 in Market
The ‘’Taux d’usure’’ is increasing and it is not that bad of a thing!

An increase of the ‘’taux d’usure’’ may increase your chances of being financed!

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