According to figures published by the Centre of Housing credit / CSA, rates on home mortgages are down again in March 2010 for the third consecutive month.
lower mortgage rates in March 2010Malgré a very slight increase in late 2009, the movement is considerably lower since November 2008, since when mortgage rates fell 155 points to receive a more 4-year low in Q1 2010.
According to the latest edition of the Observatory of financing residential markets, the average rate of a mortgage to purchase a residential property in France will increase to 3.60% in March against 3.64% in February . (3.70% in the nine and 3.53% in the former)
The online broker Empruntis evokes a decrease of 0.10% to 0.15% depending on the times and regions and provides the same "few drops in the month of April, about 0.05% / 0.10%"
The average rates appear to:
* 3.65% over 15 years
* 3.80% over 20 years
* 4.05% over 25 years
This rate cut should again offset the slight increase in prices recorded by the former Fnaim in February 2010.
lower mortgage rates in March 2010Malgré a very slight increase in late 2009, the movement is considerably lower since November 2008, since when mortgage rates fell 155 points to receive a more 4-year low in Q1 2010.
According to the latest edition of the Observatory of financing residential markets, the average rate of a mortgage to purchase a residential property in France will increase to 3.60% in March against 3.64% in February . (3.70% in the nine and 3.53% in the former)
The online broker Empruntis evokes a decrease of 0.10% to 0.15% depending on the times and regions and provides the same "few drops in the month of April, about 0.05% / 0.10%"
The average rates appear to:
* 3.65% over 15 years
* 3.80% over 20 years
* 4.05% over 25 years
This rate cut should again offset the slight increase in prices recorded by the former Fnaim in February 2010.
The above information of interest rate is very essential thing for investor because investor need to take loan from some finance company or from banks.
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