For Jean-Marc Vilon, managing director of the Credit Housing Credit Background, no doubt: “The drop in mortgage rate is finished “. Mounted beyond 4% two years ago, they have dropped to just over 3% since the beginning of 2025 and have not moved almost for six months. Jean-Marc Vilon even sees them “”start up»»the European Central Bank (ECB) has not lowering its guiding rates since July.
An opinion shared by Robin Rivaton, president of Stonal, company specializing in the management of real estate data: “Not only is the decrease in short rates of the ECB BC but there is also a very strong tension (up) on long rates, at 20 years, everywhere and especially in France. The banks funding themselves on these different maturity, The drop in their mortgage rates is consumed».
Real estate credit: these 3 profiles that can borrow at less than 3%
Very different credit rates from one bank to another
For the coming months, Jean-Marc predicts an average rate, excluding insurance and cost of security, and all credit durations, “Understood Between 3.25% and 3.30%»»against 3.08% in August. Or increases from only 0.17 to 0.22 points, “Not determining” In the decision to buy, or not, real estate, according to him. For a credit of 200,000 euros over 20 years, an increase in rates of 0.10 points, from 3.25% to 3.35%, increases the reimbursement monthly payment by only 10 euros, from 1,135 to 1,145 euros, illustrates Sandrine ALLONIER, spokesperson for youfinancer. Another way to see things, “In terms of borrowing capacity, for 1,000 euros in monthly payment over 20 years, it is possible to borrow 174,700 euros from 3.35%, instead of 176,300 to 3.25%, or 1,600 euros less, which is not No nature to jeopardize a purchase project real estate”, she believes.
Above all, Robin Rivaton observes “A very strong dispersion of banks. For the same credit request, you may have significant rate differences, Up to 0.6 point, from one bank to another, by the simple game of competition ”. Jean-Marc Vilon abounds in his sense, noting that “Banks out of the mortgage market (when quadrupling the rates in 2022 and 2023) today want to return to this call product”.
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Rate disparity according to the region
Sandrine Allonier thus quotes the example of a regional mutual bank which has been offering since this month a rate of 2.99% borrowers under the age of 36, for all income profiles and all credit times. “It is not bad at all, it shows that it is strongly conquering customers», Underlines the spokesperson to you.
Regionally, moreover, “It is in Auvergne-Rhônes-Alpes and Burgundy-Franche-Comté that we can win in September the most attractive rates, at 3.42% for each of these two regions”Indicates Pretto. Compared to the regions where rates are the highest, 3.50% for the Grand-Est, Hauts-de-France and Pays-de-la-Loire, “This represents a saving of 2,713 euros For a couple winning 4,500 euros per month ”calculate the broker.
