A resolution proposal has been submitted to the Senate to protect long-term fixed-rate mortgages, essential for home ownership in France and Martinique. This text emphasizes the importance of assessing borrowers' creditworthiness based on their income and expenses, without limiting it to the value of the properties. Although Martinique is not explicitly mentioned, the proposed rules also apply to the banks on the island, where credit rates are higher than the national average.
Fixed-rate mortgage: the Senate defends home ownership in Martinique
This article was updated at 11:10.