News about French Mortgages

One of our French bank partners has decided to reduce again its margin by proposing a significant decrease on rates on their most popular French mortgages. Read more »

The last few weeks have seen more interesting developments for the currency markets with credit ratings agency Moodys placing the UK on “negative outlook” as the rumours intensify that the UK are soon to be entering recession. Read more »

Thanks to the recent decision of the ECB to reduce its main rate by 25 points to 1%, The Euribor 3 months has followed the trend to reach 1.10% (compared to 1.25% previously). Read more »

1.    Money markets rates
Since the end of 2010, interest rates in short-term financial markets (Euribor 3 months and Euribor 1 year) have been predominantly increasing after Read more »

Thanks to being the market leader in the UK, Sextant mortgages’ clients benefit from important discounts on the rates on their French mortgage as opposed to approaching French banks directly or through other brokers.

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•    In the UK & France interest rates for mortgages are very similar. For instance, in both countries the average interest rates is 3.70% for tracker mortgage rates. Therefore the cost of borrowing is quasi identical on both sides of the Channel. Read more »

For those clients looking to buy Euros the New Year has brought some much needed cheer with Sterling Euro exchange rates pushing past the 1.20 mark reaching a 16 month high. Read more »

The pragmatism of astute real estate buyers will lead them to take ona French mortgage instead of buying cash. Read more »

Over the last couple of months the economic pressures on both Britain and Europe have been intensifying, in fact in recent weeks there have been suggestions that the Eurozone is reaching its final days. Read more »

A handful of expert economists thought last month that the ECB rate tendency to diminish will persist over the coming months. Read more »