In the aftermath of centralised strategic intervention in global market, the ECB lending rate remains at a record low of just 0.25%.
Money market rates have also moved down rapidly as credit has become less restrictive.
This means that the initial rates on variable rate mortgages are currently as low as 3% to 3.5% in many cases.
However, many clients can remember with some horror the effects of higher underlying interest rates on variable rate mortgage contracts.
For this reason there is also an attraction to taking a fixed rate mortgage set at around 4.5% to 5% for the life of the loan.
Best French Mortgage has researched the current market and has found capped offers which combine the best of both.
We can obtain mortgages up to 80% loan-to-value with a variable first year rate of 3.3%, but which are capped at never more than 4.5% in subsequent years.
Click here to apply for a French Mortgage.
Tags: French Mortgage, french mortgage advice, french mortgage broker, french mortgages, french property mortgage, french property mortgages, french remortgage