12 French banks have increased their interest rates since the middle of May 2015.
According to VousFinancer as announced in Explorimmo.
The increase may not be much, however, it always makes a difference.
Worth noting: it does appear that all the French banks will not raise their rates at the same time since they still want to encourage buyers to come to them to ask for loans, however, it does appear to be the end of the falling French mortgage rates that began in 2012.
If you wish to renegotiate your mortgage on a French property or find out now an estimation of what you can afford to borrow, we recommend you speak right away to your French bank adviser. They are getting busier and busier at this time due to increased demand as a result of the low rates.
If you would like us to help you connect with an English speaking French mortgage broker just ask. We will do this at no charge to you. Just contact us here.
Read original article in French here