According to the network of brokers in real estate lending Vousfinancer, the election of Emmanuel Macron to the presidency of the Republic should contribute to maintain low rates of property loans. At least until the elections…
The election of Emmanuel Macron to the presidency of the Republic does not raise tensions on the credit rate real estate in the coming weeks. At least that is what is claimed by the network of brokers in real estate lending Vousfinancer, in a press release dated may 10.
“Even though the markets seemed to have anticipated the election of Emmanuel Macron, has been well received with a limited impact on the rate of the OAT to 10 years, which has fallen to 0,72% on 8 may, before rising this day to 0.87%,” says the company, bringing together 155 agencies brokerage credit. When the outcome of the election was more uncertain, at the end of march, this rate was higher than 1%. “From the point of view of interest rates, the election of Emmanuel Macron is good news because it reassures the markets and the investors who would have been expected with a different scenario, a risk policy with, therefore, the key to a potential increase in borrowing rates, State rates, and rates of credit”probably, analysis Sandrine Allonier, director of public relations bank of Vousfinancer.
The outcome of the next legislative could change the game
The programmes of the parties of the extreme-right and extreme-left, in particular, were of concern to many professionals on the plan of a possible rate increase, in which Marie-Hélène Radigon, vice-president of ESP Group, Jacques Chanut, president of the French Federation of the building and the Cafpi.
The risk is present now in the form of the result of the legislative elections of 11 and 18 June. Emmanuel Macron will he get a majority ? After Vousfinancer, this would be a guarantee of stability and a positive sign sent to investors.