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.
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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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