Potential buyers continue to be interested in buying a property in France, despite the tax changes and economic uncertainty, and in the first three months of 2013 marked rise in the number of real estate transactions in the country, including those committed by Russian-speaking customers, according to the website of the international mortgage broker Lowell Finance . On the French real estate market is now supported by favorable credit conditions - an adjustable rate mortgage for 25 years can be obtained at a rate of 2.7% per year, and three months later the rate on the loan drops to 2.2% per year, if the Euribor rates remain at the same level. Experts predict that mortgage rates will persist due to economic problems in the Eurozone, but the possible slight increase at the end of the first half of 2013, French banks are now forced to tighten credit conditions for non-residents due to the problems in the Eurozone. In this regard, introduced new requirements for the borrower if the loan amount exceeds 50%, and some banks in France temporarily restricted the issuance of loans to non-residents. HomesOverseas.ru
Mortgage rates in France have updated historical lows
05.04.2013
Homesoverseas.ru editorial office
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