The interest rate grid on our website remains unchanged compared to February ! Indeed, the SARS coronavirus has put an end to the real estate process, from property search to signing at the notary’s, except for the acts of sale in progress. As far as possible, banks are handling with pending loan applications using new processes while ensuring conformity with the Banque de France guidelines. The near-term rebound may be longer than expected and we must prepare for that state of inertia. “Confidence” in stability and economic recovery is the guarantee and the key word for the coming weeks and months as well. To support the recovery, governments and the ECB, while ignoring the economic stability and usual financial standards will massively inject liquidity into the financial markets which will be available to the banks. Even though, banks likely to be in production trouble, can be afraid !
