Finally some good news, the purchasing power of "real" progress since the first months of 2008.
In fact, the result of a combination of several factors:
- settlement interest rate loans (4, 60% fixed over 15 years, no increase or decrease in sight)
- slowdown of rising prices (down 1% on the first three months of 2008 but still up 2.1% last year).
- opportunity last year to deduct a portion of loan interest tax (this helps to lower the lending rates to 0.4%: 4.60% -0.4% = 4 , 20% => This is a good rate)
These three factors led to a decline in the monthly payment for the same credit as compared to January 2008, this decline is 2.6%.
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