French Mortgage Rates Rise in New Report and Forecast

english speaking french real estate agents

French Mortgage Interest Rates continue their gradual increase according to the CSA. 

CSA is a French institution that studies the trends in French mortgage interest rates. They forecast that in the coming months the rates will continue to increase. It appears the decline in rates has ended.

The increase in interest rates on average when you are buying a pre-owned home in France may only be .05 percent comparing July to June 2015 according to the CSA, however, this always means you are paying more money for the loan of the same amount of money. The increase affects also what you can afford on your current income.

If you have a plan to buy in the current French real estate market we recommend you speak to your English speaking French real estate broker. If you need guidance please ask us.