Forecasts for the real estate market in 2024: falling interest rates?
December 2023 saw a stabilization in mortgage rates, followed by a downward trend in January 2024. The question remains: will this downward trend continue in February? For borrowers who are well advanced in their project, this trend is already a reality, with competitive rates offered by brokers like Cafpi. This fall in interest rates is an opportunity to be seized by all potential borrowers.
Inheritance tax: easier payment from February 2024
A recent decree brings good news for heirs faced with inheritance costs. From February 2024, the process for obtaining payment facilities will be simplified, offering significant financial relief for heirs.
Rising electricity prices: impact on household finances
The announced rise in electricity tariffs, effective from February 2024, will have a significant impact on French household budgets. The increase follows the government's decision to phase out the tariff shield.
LEP and Livret A: what changes in February 2024?
The rate on the Livret d'Épargne Populaire (LEP) savings account will fall to 5% from February1, 2024, having previously been frozen at 6%.
The Livret A rate remains unchanged at 3% until 2025.
These changes reflect adjustments in response to falling inflation, and will have direct implications for French people's savings strategies.
Lower gas prices: a relief for consumers
Finally, some good news for consumers: the price of gas is falling for February 2024. This decrease, announced in mid-January, is an encouraging sign for household budgets.
The real estate market in 2024, with its changing interest rates and tax adjustments, presents both opportunities and challenges. Stay informed to effectively navigate this ever-changing financial landscape.