French Real Estate Mortgage News Rates Continue to Fall 2015

If you are buying or selling French real estate you will be delighted to know the results of the latest survey by L’Observatoire du Crédit Logement.

French real estate mortgage rates continue to decline. According to the Observatoire du Crédit Logement’s report on the month of February the average level for a fixed rate mortgage over all durations was 2.21 percent before insurance and other fees.

Vousfinancier is quoted in an article on Explorimmo as stating that between January 2013 and January 2015 the cost of credit for 200 000 euros has been cut in half and the ability of individuals to borrow has gone up 18 percent.

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