And for good reason, between March 2022 and March 2023, the average interest rate on real estate loans in France doubled. The Ministry of the Economy estimated it this Wednesday, October 18 at around 4.4%, all durations combined.
The Minister of the Economy Bruno Le Maire consequently announced, Wednesday morning, that the maximum amount of the PTZ, a scheme aimed at the most modest households, would be reassessed from 80,000 to 100,000 euros. The share that it may represent in relation to another loan will also increase from 40 to 50%.
“We want as many households as possible to have access to real estate credit while this is becoming extraordinarily difficult with the increase in interest rates” linked to inflation, justified the tenant of Bercy.