Latest interest rates
The way you get the finance can make all the difference
which one will you choose ?
swiss franc
The currency and legal tender of Switzerland and Liechtenstein. The Swiss franc is the only version of the franc still issued in Europe. Known as a source of safe-haven, the CHF is 7th most traded currency in the world.
euro
The official currency of 19 of the 27 member states of the European Union. This group of states is known as the EuroZone. Introduced to world financial markets in 1999. Physical coins and notes appeared in 2002 The 2nd largest and 2nd most traded currency in the international money markets
us dollar
Colloquially known as the buck, the Greenback is the official currency of the United States and its territories. The Federal Reserve, the country’s central bank, acts as the sole issuer of the currency and it determines the USA base interest rate. By far, the number 1 traded currency in the world.
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Interest Rates
Interest Rates
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Live Interest Rates
Learn about our latest pieces.
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It all begins with an idea. Maybe you want to launch a business. Maybe you want to turn a hobby into something more.
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It all begins with an idea. Maybe you want to launch a business. Maybe you want to turn a hobby into something more.
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It all begins with an idea. Maybe you want to launch a business. Maybe you want to turn a hobby into something more.
Choice of Currency
Depending on the lending institution, the amount of the loan and the profile of the borrower, it is indeed possible to take out a new mortgage on your French property in a variety of different currencies. A very useful hedging-tool to avoid potential currency rate fluctuations.
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Typically in France, interest rates are fixed for the complete mortgage duration : 10, 20 or even 25 years fixed are very common.
French banks generally refer to the EURIBOR index as a tool in fixing long-term rates for its clients.
See the chart below showing the very steady decline of this index-rate as per the ECB website.
As at April 2022, French bank loans denominated in Euros, offer fixed interest rates in the range of 1.75% - 2.25% over a period of 10 - 25 years maximum.
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Switzerland is known for its very low and stable Central Bank base rate, which has been in negative territory fo nearly 10 years now.
Many banks located in and around the French Alps offer clients the ability to fund the purchase of the France property via a very low interest rate mortgage, denominated in CHF.
As at April 2022, CHF interest rates fixed over a period of 10 - 30 years are in the range of 0.75% - 1.35%
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There are many Private banks in say Luxembourg, Monaco or Switzerland that offer bespoke services to High Net Worth clients.
One of these privileges is the ability to fund a property purchase here in France using the world famous US dollar.
The Federal Reserve Bank issues very long-dated Treasury Bonds - meaning that these Private Bank Institutions can access the world money markets and offer up to 30 year mortgage terms to their clients.
As at April 2022, US $ interest rates fixed over a period of 10 - 30 years are in the range of 2.80% - 4.50%
Capped Variable
Fixed
Fixed
Fixed
Fixed
Fixed
Fixed
Fixed
80% ( 15 years )
70% ( 15 years )
70% ( 20 years )
85% ( 25 years )
75% ( 15 years )
80% ( 20 years ) 50/50
70% ( 2 years )
60% ( 24 months )
1.20%
0.90%
2.95%
2.25%
2.30%
2.10%
1.00% p/m
2.50%
No
No
No
No
Yes
Yes
Yes
Yes
€ 1 822
CHF 1 782
USD $ 2 064
€ 1 308
€ 575
€ 1 053
0 €
53 €
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Purchase
Purchase
Purchase
Purchase
Purchase
Purchase Corporate
Equity release
Bridging loan
* please read
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Above monthly payments are based on a loan amount of 300 000€
Amounts exclude any life assurance premiums.
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Lower interest rates may be available if you do not require the maximum LTV (loan to value)
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The information above should only be used as a guide. The products mentioned here are for non-resident clients, other products will be available for tax residents in France. The choice of interest rate and product terms will depend on your circumstances and the amount of the mortgage. Before you make a mortgage application, we will carry out a full review to establish your needs and preferences and if you meet the criteria, we will give advice and make a recommendation to you. There will be a fee for our mortgage service. All mortgages are subject to status. Please note that all products show an indicative rate only and may not be suitable for you.
You must be 18 or over.
For a personalised French mortgage quote please contact us directly or submit your information online.
Information provided by www.icefinance.eu and is correct as of 01.05.2022
Your home may be repossessed if you do not keep up with repayments on your mortgage
ECB central bank rate over the years…
The Euro Interbank Offered Rate is the rate at which French banks lend money to each other. The banks add a margin to this rate to determine the mortgage interest rate offered to its borrowers. Currently, added-on margins can range from 0.25% - 2.00%
— history of the EuroZone central bank interest rate since 1999
Very low rates
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