November 2016: the movement of lower mortgage rates is coming to an end. The latest bank rates still show record mortgage rates. This situation is therefore ideal for borrowing . However, the declines announced each month are over.
Indeed, this month we no longer note downturns on the minimum rates (those granted to profiles of premium borrowers). The latest macroeconomic events (US elections, Brexit, Grexit) have affected, among other things, the rise in OATs. Ten-year Treasury Bonds increased from 0.11% at the end of September to 0.45% before the elections and 0.7590% in mid-November. A rise that could result in higher mortgage rates. But for now, the trend is towards stabilization.
What are the mortgage rates in your area?
The mini loan rates display:
0.60% over 10 years and 0.90% over 15 years in all regions.
Over 20 years, the best-known region is the Nord region with a real estate rate of 1.08%, followed by the Rhône-Alpes region with a credit rate of 1.09%.
Over 25 years, the North and South West regions take the lead with a bank rate of 1.25%, followed by the Rhône-Alpes region which offers a mortgage rate of 1.27%. The Ile-de-France, the West, the East and the Mediterranean are closing with an interest rate of 1.35%.
Average rates record:
Over 10 years: 1.05% in the West, Rhône-Alpes and Ile-de-France regions. In the North, the South West, the Mediterranean and the East: the loan rate stands at 1.10%.
Over 15 years, all regions of France posted 1.35%.
Over 20 years, the best positioned is the Ile-de-France region with a real estate rate of 1.55%. The other regions record a mortgage rate of 1.60%.
Over 25 years, all regions are 1.80%.
Note that slight decreases are still observed across the country on average rates. Of 42 real estate rates, 29 decline this month from 5 to 10 cents.
In short, the conditions for financing a real estate project are exceptional. So it’s still a good time to borrow. The level of real estate rates is a real lever for accession. To take advantage of it, compare real estate loans online now.