November 2015: According to Vousfinancier, ten French banks have decided to lower their interest rates on French property mortgages.
After we experienced a short period of increase in French mortgage rates ten banks have lowered their rates from 0.10 to 0.20% on average.
Perhaps, it is to stimulate a French real estate market place that is typically quieter in the later months of the year.
Perhaps, it is to stimulate the overall French economy.
Regardless, as a French property investor you have an opportunity to make a purchase at a lower mortgage cost once again.
If you need to contact an English speaking French mortgage broker to learn more we can help you.