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French Real Estate Mortgage Rates Dropped in December 2013

If you thinking of investing in French real estate you have more good news. Credit broker Empruntis has confimred that fixed rate mortgages on average were lowered in almost all areas of France in December 2013. 

If you have been following our updates you will remember there was a rise in French real estate mortgage rates this summer but the rates have now stopped rising.

A French mortgage for 15 years, according to Credit Empruntis, is now on average at 3.15% in December, 0.10% less than in November.

A French mortgage for 20 years, according to Credit Empruntis, the average rate is now 3.50% against 3.55% last month.

If you would like to speak with an English speaking French real estate mortgage broker we can offer you a selection to choose from. Just contact us here.

If you would like to read the full report in French in Explorimmo click here.