After two years of successive hikes, French mortgage rates are stabilising. A breakdown of the key indicators for your property projects.
After two years marked by a historic rise in interest rates, the French mortgage market seems to be entering a stabilisation phase. Bank rate sheets have eased slightly since the start of the year, with average 20-year rates now around 3.30% for the best profiles.
This pause is explained by several factors: the ECB rate-hike pause, the gradual lengthening of loan durations, and renewed competition between lenders. Brokers are seeing margin and insurance negotiations reopening.
For households this is positive news. Without returning to 2021 levels, real estate purchasing power is gradually being rebuilt. First-time buyers also benefit from strengthened support schemes.
Our advice: prepare your file in advance, build up your deposit (ideally 10%), and put lenders in competition through a specialist broker. A 0.30% difference on a 250,000 € loan can mean more than 15,000 € of savings over the term.