French mortgage rate

French mortgage rates for November 2022

A few things to know when purchasing a new build property in France

A new build off plan property is known as a “Vente en l’Etat de Futur d’Achèvement “ or VEFA in French.

This transaction is regulated by law to protect the committed buyer [...]

French mortgage rates for October 2022

The newly published usury rates are following the non-resident mortgage rates trend

The Banque de France just announced an increase in the usury rates applicable on October 1st.

These usury rates are intended to protect individuals from abusive borrowing conditions for different types of financing [...]

French mortgage rates for June 2022

The lender is refusing to finance your project because your Global Effective Annual Rate is exceeding the Usury Rate !!! Let’s understand what this is all about …

The Usury Rate (aka “Taux d’Usure” in French) was implemented to protect borrowers against excessive mortgage rates [...]

French mortgage rates for May 2022

Quick recap on the French lenders’ risk assessment process

French lenders don’t carry out credit checks on applicants but they base the approval process on your financial situation and indebtment rate. Pragmatism and transparency are key to assess risk in France.

You must pass strict [...]