Did you know that despite the increase in French mortgage rates conditions remained very good for French real estate buyers in 2017?
According to this article in French on Empruntis French mortgage rates stayed below 2% for all periods combined (minimum rate and average rates excluding 30 years) and this supported French real estate purchases.
The total number of French real estate transactions reached a record of 986,000 sales!
However, this increase in sales has also lead to a rise on average of 5 percent in prices which reduces the purchasing capacity of French real estate buyers particularly in the big cities.
Yet opportunities are still here as rates are still very attractive. If you would like us to connect you with an English speaking French mortgage broker or English speaking French agent contact us here and we will connect you at no charge for our assistance.