French mortgages aplenty

Financial industry specialists say that a combination of the current economic environment plus the recent change in Government is helping to support record low deals from French mortgage lenders. French property investors are enjoying record low interest rates and according to some experts current rates could fall further still in the months ahead. Fixed rate packages currently available are attracting record numbers of enquiries. Mortgage specialist French Private Finance have recently introduced a selection of long term fixed rate options beginning with a 15 year fixed term at 3.6 per cent, 20 year terms fixed at 3.7 per cent and 3.9 per cent fixed for 25 years all deals are set at 80 per cent Loan To Value. Most experts agree that fixed rate mortgages are the preferred choice of many property buyers particularly during the present economic climate and the rates currently available from French mortgage lenders are proving very popular with existing French property owners.