Check out the mortgage loan rates for the month of July 2018 that we can obtain from our banking partners.
Rates remain low for this sunny month and allow borrowers to finance their purchase at the lowest rate! After a fall in rates over the last 4 months, these seem to be stabilizing.
Our best property rates from July 2018
We suggest you consult the best current rates we can get:
|term of the loan||Best national fixed rate||Trend||Monthly *|
|7 years / 84 months||0.45%||Stable =||$ 120.95|
|10 years / 120 months||0.75%||Stable =||$ 86.52|
|15 years / 180 months||0.95%||Stable =||$ 59.63|
|20 years / 240 months||1.10%||Stable =||$ 46.44|
|25 years / 300 months||1.30%||Stable =||$ 39.06|
* Monthly payment excluding insurance for € 10,000 borrowed capital
Evolution of mortgage rates 10, 15, 20 and 25 years
Track mortgage rates over 10, 15, 20 and 25 years from January 2015 to today with our interactive chart, select the date and time you want to see the best rate:
Real estate rate analysis of July 2018
The month of July 2018 is not synonymous with vacancy for students from all over France. Indeed during this period of the year the banks tend to limit the number of files they receive due to the decline in activity.
For this, they usually increase borrowing rates. This is a trend we have seen for many years with the banking institutions we work with.
However, a decrease in volume does not mean a complete cessation of the flow! Use a mortgage broker to increase the chances of your credit report being finalized in the best conditions and to obtain the loan offer at the best rate.
Rates rise slightly for this month of July 2018 because of the desire of banks to limit the number of files.
Renegotiate to gain purchasing power
If you have not done so yet, do not forget that buying a mortgage on your home loan from your bank is still possible. You can get a mortgage with a lower rate . That’s why it is advisable to do an online simulation and compare offers online to enjoy historically low rates!
Do not neglect the borrower insurance!
Just as for the previous months, we should not neglect the loan insurance at the time of subscription. You can make big savings by negotiating compulsory insurance, perhaps even more than by lowering the bank’s interest rate on the loan.
Here again, we recommend using a loan insurance broker or a borrower insurance comparator. This will be able to redirect you to the insurance delegation that best fits your profile.