French Mortgage Interest Rates 2016 Trend Going Down Down Again

french real estate mortgage info

French Mortgage Interest Rates that have been said to be going to go up by the experts have now been shown to have gone down on average for the month of February 2016.

In fact the rates on average have been going down for several months according to information shared in this new Explorimmo article in French.

The article quotes that according to the Observatoire Crédit Logement (French) who study changes in the French credit market the average interest rate for February was 2.09 percent

Compared to 2.15 percent for January 2016

Compared to 2.20 percent for December 2015

Compared to 2.22 percent for November 2015

The amount you pay for a mortgage is related to many factors including the length of the term, the location of the property location and personal factors including income.

The lower interest rate impacts how much you pay for your home. A lower interest rate can mean you save substantially on the cost of your property over time. Some people wait till prices go down. However, using low interest rates to buy when you cannot pay cash can lead to substantial savings.

Contact an English speaking French mortgage broker to find our more today.
Or contact us for more guidance.

How to Make a More Secure Connected French Home

esrea france

French real estate is becoming step by step more connected to the rest of the world through the creation of Connected Homes.

The Internet of Things IoT is making homes more user friendly, however, the use of your smartphone to turn items on and off when you are at home brings back memories of the remote control we all typically lose.

Silk Labs is developing SENSE a beautiful sculptured piece of art that is in fact a user interface designed to connect your needs to the system inside your home without the need for your data to be stored potentially insecurely in the cloud.

SENSE senses who is around it and the needs of the person and the environment. Go to Silk Labs website and watch and be inspired.

Make your French real estate energy efficient with government aid

ecological french home work

According to a recent article in Explorimmo the average French household spends 1800 euros per year on their energy bill.

This is great inspiration to make some changes to your French real estate to reduce your personal expenses and to enhance your French property’s value to potential buyers. To assist you there is French government financial assistance available subject to qualification.

French real estate buyers you will be happy to know the government of France offers this same financial incentives (after qualification) to encourage you to upgrade the energy efficiency of your French real estate.

You can find the latest version of the government document here. Unfortunately, it is in French and you may need to contact your English speaking French real estate agent to help you understand all the details.

Twelve Tips to Help Reduce your French Homes Impact on Climate Change

French Real Estate Television Another way to learn French

French real estate and French language – a nice mix.

One way to start to learn a French is to find something you have interest in and use this as a doorway to studying the language. Do we hear you say ‘French real estate’?

If this is a yes we hear we have posted below a list of French real estate shows that will give you the opportunity to listen to French language and learn about French real estate. Quelle Chance!

UPDATE: if you would like to learn in English French real estate terms we currently offer you the opportunity to learn direct with a professional who is bilingual and worked in French real estate contact us here

Okay, now to the French real estate shows:

One
La Maison France 5

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Two
La Box Téva Déco

Bonus tip: to help you learn French daily we recommend you check out the most popular language learning app that is free for you to use on your laptop, desktop or smart phone. It is Duolingo check it out Our founder David Hennessey is a big fan of this application.

Second Bonus tip: We also recently wrote an article on 10 Basic Language Terms for TV and Radio check it out now

Need an English speaking French real estate professional in your area of choice? We can guide you to one at no charge for our guidance. Contact us here. 

Hoping to work in French real estate and need to learn the French real estate terms in English and in French contact us here