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Interest rates on mortgages down sharply

In November, they fell below 3.4%.
Average interest rates on new mortgages fell sharply in November, "below 3.4%", compared with 3.51% in October (Maxim_Kazmin / Adobe Stock)
Average interest rates on new mortgages fell sharply in November, "below 3.4%", compared with 3.51% in October (Maxim_Kazmin / Adobe Stock)
By AFP
January 9, 2025 | 7:33 AM

Translated from French.

Average interest rates on new mortgages fell sharply in November, "below 3.4%", compared with 3.51% in October, "good news" for the property market, announced Banque de France Governor François Villeroy de Galhau on Wednesday evening.

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