Дома звезд в Подмосковье Квартиры знаменитостей в Москве

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In France, the decline in fixed mortgage rates

Today in France recorded a historically very low level of mortgage rates. Homebuyers who chooses to take credit for twenty years, it will be granted at the rate of 3.1% per annum. A year earlier, it was the size of 3.75% per annum.
Such a reduction in mortgage positive effect on the activity of foreign property buyers in the country. Also, an additional incentive is the fact that at such low mortgage rates, some French banks demand from the buyer is quite low first payment when buying a home, at a rate of 20% of the transaction value.
According to the experts of the industry, thanks to this, at first glance, a rather symbolic reduction by paying the loan for 20 years with a rate of 3.1% for property worth 400 000 euros, the buyer will be able to save 29,044 euros, compared with a similar loan payment with a rate of 3.75% per annum.
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