Loans of less than 15 years increased from 16 in 2008 to 20

ACE loans real estate, 2nd French mortgage broker, announces an increase in customers by nearly 30 this month.

Today, for an identical borrowed capital, the borrower sees its monthly payment decreased by 19 compared to December 2008. So far, the decline in the cost of borrowing compensates mainly real estate price rising in Paris and Paris region.

"The duration of credits shortens: in April 2010, 52 of our files were a period of 20 to 30 years, compared to 58 in 2008.". Loans of less than 15 years increased from 16 in 2008 to 20.7 in 2010. These data are a sign of a found real estate purchasing power. It cannot, however, not all build on the credits: rates will continue to fall indefinitely. Attention, at the risk of overheating! "comments on Joël Boumendil, President of ACE real estate loans.

A higher purchasing power 87 of clients of the sign are of primo-accession, attracted by historically low rates to debt at reasonable levels and the banks that lend again. The average amount of loans negotiated by ACE loans real estate is a bracket ranging from 150 000 to 200 000.

Nevertheless, the analysis of the profile of the franchise network clients reserve a few surprises: since 2008, there is a light aging of ACE loans real estate borrowers. If they remain majority in the 30-34 age bracket, it was noted that the 25-29 years accounted for 24 of the customers of ACE loans real estate in 2008, 22 in 2009, and 21 in 2010. In parallel, there were 20 35-39 years, 21 in 2009, they are 22 in 2010. Many more to borrow two: 55 in 2008, 61 in 2009, 70 in 2010.

Their average annual income remains stable in the range 25-49 K for the whole of ACE loans real estate clients: 56 in 2008, 53 in 2009, 56 in 2010. More modest income are less present: 28 in 2008, 27 in 2009, 24 in 2010, while the brackets (greater than 75 000) are slightly more numerous: 2008: 5, 8 in 2009, 8 in 2010.

Another interesting point: the evolution of the available monthly purchasers: in 2008, it was located between 1000 and 1999 to 41 percent of borrowers, 23 of them had revenue in 2000-2 999 slices and 3 000 and more. In 2009, they were more than 31 in the range 1 000-1 999, but respectively 31 and 33 in slices 2 000-2 999 and 3 000 and more. In 2010, the trend continues with 33 of borrowers that have a monthly budget located in 1,000 and 1 999, 28 between 2,000 to 2,999 and 37 have a budget greater than 3 000.

In raw data, it can said that from 2008 to 2010: the profile of the borrower ACE loans real estate remains stable: thirty years living as a couple, with an annual income in the range 25-49 K, and the need for funding is located between 150 and 200 000.

Taking into account the fact that the ACE network has doubled in two years and extended throughout the territory, outside of the Ile-de-France, the analysis of the data may be nuanced: the slight increase in the age and the increase in the average budget of candidates for the property suggests that available on the market goods are more expensive or in any casethat for certain property and earnings, the purchase is more interesting;

The more modest homes seem to be less present. This is perhaps a sign of a beginning of overheating: candidates are more to get funding when the cost of credit is especially attractive, if they are more able to follow the increase in prices of real estate.

Attractive conditions for the purchaser to measure the impact of the decline in rates on the credit market, it is sufficient to leave in the following example: A loan of 150,000 20-year fixed-rate: in 2008: nominal rate: 5.20, interest: 91 297,53, monthly excluding insurance: 1006,58 in 2009, nominal rate: 4,45, interest: 76 542,16, excluding insurance monthly: 944,93 in 2010, nominal rate: 3.20, interest: 53 277.60, excluding insurance monthly: 846,99

Either a deadline fell by 19 in 2010 compared to 2008

In parallel, if the loan at zero rates, Pass-land and the tax credit on the loan interests are attractive, they are in fact only 3 of the overall funding of acquisitions, against 18 in 1984, according to a study by Régis Bigot to the Crédoc: the prices of real estate have been multiplied by 2.5 over the same period, aid have in fact not compensated the increase in the price. PZT , reserved for the primo-accession, will have amounts of loans very superior to the current PTZ but especially, will incorporate new parameters in the calculation of its amount: composition of the family, energy performance of the housing area of housing, etc. Will this reform suffice to rebalance a market where the prices in large metropolitan areas

Established in 1995, ACE loans real estate is one of the first historical actors in the market. Sign offers borrowers to negotiate the mortgage for them the most suitable to their project: rates, insurance, conditions of prepayment, AIDS, etc. In its 32 agencies or via the web platform, customers benefit from the same custom accompaniment of 200 counsellors trained in techniques of credit and banking products. ACE real estate loans, therefore: 200 collaborators 100,000 loans made since 1995 32 agencies divided the territory 10 in Ile-de-France 12,000 loans achieved in 2009 for a total amount of EUR 2.3 billion.