French mortgage rates for December 2020

What is the impact of the second lockdown on the real estate market?

Last spring, the market was at a complete standstill. Eight months later and with a less strict second confinement, the number of sales agreements fell by 10% in November (against -75% during the first lockdown).

Even with the recent decision to allow property visits in person and with the help of digital tools (electronic signature, remote prospecting, virtual visits, etc.), we will not experience the euphoria that accompanied the end of the first confinement last May.

Buyers have decided to take a break for the holiday season and will consider travelling again to France early next year.

This wait-and-see attitude is welcome by the back offices as it grants more time to finalize current files but more importantly, it is allowing potential buyers to search for adequate financing.

Our dedicated team of brokers can help you determine your mortgage capacity and prepare a mortgage solution for your review before your next visit to France.

Current mortgage rates for December 2020

Fixed rate(1)  Term Monthly repayment

for 10 000€ borrowed

1.10% 10 years / 120 months 88.04€
1.20% 15 years / 180 months 60.73€
1.40% 20 years / 240 months 47.80€
2.15% 25 years / 300 months 43.12€

(1) The indicated rates are given for information purposes and are based on the latest bank rates of one or more of our partners. The rates in the table above do not include the ancillary cost as notary fees, guarantees, insurance and intermediation.

Submit your request for information

With no commitment on your part, submit your detailed request in order to obtain the best financial solution for your project. Our French mortgage specialists will contact you within 24 hours.