Property news in brief - August 2018

Relevant property news in France from this month...

Mortgage rates below 1% for 10 and 15-year loans

Mortgage rates fell to below 1% in early July with brokers Cafpi saying lenders were asking 0.75% over 10 years from some buyers with good profiles.

Low rates were June’s trend with 0.89% possible over 10 years and buyers looking for longer-term loans paying 1.18% over 15 years, 1.37% over 20 years and 1.61% over 25 years (insurance not included).

But as banks vie for business, the low rates continued into July with 0.95% over 15 years, 1.25% over 20 years and 1.3% over 25 years. ...

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