According to economist and founder of Clameur Michel Mouillart “we have never seen interest rates this low” as quoted in Explorimmo.
For the month of April 2015 according to l’Observatoire Crédit Logement / CSA, mortgage rates stood on average at 2.03 percent for all durations compared to 3.08 percent in December 2013.
Overall in the first quarter of 2015 the average mortgage rate has been 2.19 percent compared to 2.38 in December 2014.
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