{"id":7333,"date":"2018-07-06T09:35:27","date_gmt":"2018-07-06T09:35:27","guid":{"rendered":"https:\/\/immo-ile-maurice.com\/credit-immobilier-emprunter\/"},"modified":"2018-08-09T08:11:02","modified_gmt":"2018-08-09T08:11:02","slug":"borrow-mortgage-loans","status":"publish","type":"post","link":"https:\/\/immo-ile-maurice.com\/en\/borrow-mortgage-loans\/","title":{"rendered":"Mortgage loans: how to borrow at 1% (or even less)?"},"content":{"rendered":"<p>Borrow at 1%, yes it is now possible! In recent months, with the steady decline in rates, the negotiations are around 1% or less, with banks.<\/p>\n<h3>Real estate credit on sale<\/h3>\n<p>Real estate credit offers continue to be on sale with banks. And according to a survey of brokers, in recent months, rates are trading around 1% or less. An unbelievably exceptional rate against a rate of inflation currently around 2%. After experiencing a fairly passive first half overall, banks are now doing everything to attract customers.<\/p>\n<p>Several very low-rate negotiations were identified in June, with avowed preferences for the best profiles, with strong incomes and the ability to make a significant contribution. For example, a couple of first-time buyers of 35 years, with net income of 5,500 euros per month and 60% contribution, was able to win a rate of 0.65% over 15 years in Nantes . But some buyers, displaying a profile much less reassuring, can also win a rate unimaginable. In the example of a couple in Lorient, with 3,000 euros of income and without significant contribution, who managed to sign a loan to 0.98% over 15 years. Similarly, in Laval, a couple of 32-year-old first-time teachers, with income of 5,400 euros and no contribution, won a rate of 1%.<\/p>\n<h3>Rates less than 1%<\/h3>\n<p>While in some banks the negotiations are going well, in others the rates are offered directly at 1% or less. A loan offer at a rate of 0.96% over 15 years, and 1.22% over 20 years, has recently appeared on the platform of an online bank. And next, the average rates offered in banks are still very low: 1.30% over 15 years, 1.50% over 20 years and 1.70% over 25%.<\/p>\n<p>The opportunity to start a real estate purchase to acquire a second home in Grand Baie, Tamarin or other tourist region of Mauritius. A sunny destination where rental investment continues to be as profitable and where taxation remains as flexible as ever.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Borrow at 1%, yes it is now possible! In recent months, with the steady decline in rates, the negotiations are around 1% or less, with banks. Real estate credit on sale Real estate credit offers continue to be on sale with banks. And according to a survey of brokers, in recent months, rates are trading [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":6211,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[285,277],"tags":[366,365],"class_list":["post-7333","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-advice","category-uncategorized","tag-borrow-at-1","tag-mortgage-loan","clearfix"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Mortgage loans: how to borrow at 1% (or even less)? | Real Estate Mauritius<\/title>\n<meta name=\"description\" content=\"The current situation allows you to borrow at a very low rate. 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