Fall of Prime Minister François Bayrou, degradation of France’s solvency note, Lacornu government still not appointed … It takes more to destabilize mortgage rate ! As for about six months, the rate scales addressed by banks to brokers at the beginning of October are stable or very slightly increase. “Half of the scales shows stable rates, the other half reports increases of only 0.10 point on average”precise at Capital Sandrine ALLONIER, spokesperson for Vousfinancer.
According to this broker, average rates for October are 3.10% for credits over 15 years, at 3.30% for 20 -year loans and 3.50 % for those over 25 years. Note that best profileswith comfortable income and savings, can obtain decorations, up to 2.8% over 15 years and 3% over 20 years and 25 years.
Real estate: on Côte-d’Azur, apartments 30% cheaper thanks to this still confidential system
To a rate at 3.50% over 20 years at the end of 2025
“Banks continue to lend and they do it to much more favorable conditions that still a year ago ”, Pierre Chapon analysis, boss of the Pretto broker. Current rates certainly have nothing to do with the lowest historic of 1% affected in 2020 and 2021 but, at just over 3%, they correspond to the average of the last 25 years, and are much lower than the peak of more than 4% reached in the fall of 2023. At what levels could the year end? “This will depend on the time required for the composition of the new government, the confidence that the financial markets will grant it and, above all, its ability to have a budget for 2026” adopted “warn you.
In the event of censorship of the Lecornu government and sustainable political instability, “Tensions on State borrowing rate could increase ”estimates the broker. Banks would then see their financing costs increase, and would reflect them on mortgage rates, so as not to lose money. You are in this way on new increases in rates by the end of the year, but in proportions “very moderate ”, which would carry the average rate of credits over 20 years to 3.50% in Decemberor 0.2 more points than in October.
Real estate: these 10 cities where to resell after only 5 years already reports big
A few tens of euros more on your monthly payments
A rate of 3.50% at the end of 2025 is also the level on which Jordan Frarier, president of Foncia Transaction, which was expressed during a press conference, this Thursday, October 2. Ditto for Thomas Lefebvre, vice-president of seloger in charge of data, which expects “A slight increase in rates by the end of 2025, in a range of 3.25% to 3.5% for credit periods from 20 to 25 years”.
What is a rate at 3.50% in December will change to your financing plan? At the current rate of 3.30%, borrowing 200,000 euros over 20 years requires reimburse 1,139 euros per month (see infographic), calculate you. A rate of 3.50% would bring this amount to 1,160 euros, or a Increase of only 21 euros. In the case of a credit of 300,000 euros, the monthly payment would increase by 31 euros. Suffice to say that the slight increase in rates planned by the end of the year will be “Without real impact on borrowing capacity buyers ”, Underlines Julie Bachet, Director General of Toufinancer.
