More French banks increase their mortgage rates

Two more French banks have increased their mortgage rates.

Perhaps, you read the news a few days ago when we posted an article about one French bank increasing its rates.

We shared this with clients and some said ‘it is an exception, rates will continue to go down more’.

Now a few days later two more French banks have increased their lending rates.

La Société Générale et La Caisse d’Epargne d’Île-de-France have increased their rates.

Is this the end of the interest rates drop?

Personally, we recently took a mortgage because we sensed we where close to the turning point.

If you need advice from an experienced English speaking French mortgage broker we can help you connect at no charge. Contact us here.

Source article in French here