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Mortgage Loan Rate: Analysis and Evolution


Check the history of mortgage rates for fixed rate and view their changes (increase or decrease) forward on the months of the year 2018. You can also view current rates.

Chart showing the evolution of mortgage rates for individuals in% up to 2018 – Source: Observatoire Crédit Logement / CSA

Barometer of the best real estate rates of 2018 by duration

Barometer of the best real estate rates of 2018 by duration

Schedule of the best real estate rates of 2018

term of the loan Best fixed rate Monthly * Trend
7 years / 84 months 0.50% $ 121.17 Stable
10 years / 120 months 0.70% $ 86.31 Rise
15 years / 180 months 0.80% $ 58.97 Stable
20 years / 240 months 1.00% $ 45.99 Stable
25 years / 300 months 1.25% $ 38.83 Stable

* Monthly payment excluding insurance for € 10,000 borrowed capital
Range of rates given for information only. Rates excluding insurance and may vary by region and income.
These rates are obtained by comparing the rates of our banking partners.

2018 real estate rate analysis

2018 real estate rate analysis

Experts expect a slight general rise in mortgage rates in 2018 . Case to follow because for the moment no indicator alerts to a sudden increase (except external event in France and Europe). In general, the banks pass on a variation of the OAT on market rates in their commercial offers within 2 to 3 weeks.

By following the evolution of the key rate or OAT (communicated by the bank of France) , one can thus anticipate a rise or a fall of the rates of the mortgages. However, other parameters are taken into account, including commercial efforts, competition, monetary policy, the external market, etc … Thus the continuous and rapid rise in real estate prices plays heavily on a request for credits. which has diminished since spring 2017.

 

Change your bank thanks to a broker in 2018

Change your bank thanks to a broker in 2018

In order to get the best bank rate and in the best conditions it is more than ever interesting to go through a mortgage broker. Indeed, this one negotiates for you a lower average rate than if you went directly to see your own banking organization, for this Anna Livia Plurabelle, mortgage broker, relies on a tool of very advanced rate comparator and negotiates for you a borrower insurance contract optimized with the best bank.

Better conditions with other banks

Better conditions with other banks

Some banks want to attract new customers and are very competitive, they will offer a very low average rate and attractive personal contributions to make you change banks. These favorable conditions also apply to renegotiations and loan redemptions.

How to get the mortgage at the best rate in 2018?

How to get the mortgage at the best rate in 2018?

In order to get the best rate in 2018 you have to have a profile that matches the one that banks are looking for. The typical borrower profile that can claim the lowest interest rate on the banks’ grids is:

  • Young (- 35 years old)
  • First-time buyers
  • Large revenues (+ € 100,000 / year)
  • Significant contribution (+ 20% of the overall cost)
  • By profession
  • Who borrows on a short term (10 years or less)

Do not neglect home loan insurance

Do not neglect home loan insurance

Do not forget the delegation of insurance in the context of a new loan or a repurchase of mortgage. Indeed, change of insurance, can allow you to significantly lower the TEG (total effective rate) of your mortgage.

And after ?

This year 2018 has not seen any significant change in loan rates. But what will it be for next year? Will real estate rates in 2019 change? This is what a news release from the ECB suggests that in September 2019 rates could take a few points.

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