France: Mortgage credit interest rate
* indicates monthly or quarterly data series
The most recent value is 3.43 percent as of June 2024, a decline compared to the previous value of 3.49 percent. Historically, the average for France from January 2003 to June 2024 is 3 percent. The minimum of 1.1 percent was recorded in December 2021, while the maximum of 5.32 percent was reached in December 2008.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Bank of France
Recent values | France: Mortgage credit interest rate, percent |
---|---|
2024  Jun | 3.43 |
2024  May | 3.49 |
2024  Apr | 3.49 |
2024  Mar | 3.5 |
2024  Feb | 3.51 |
2024  Jan | 3.58 |
2023  Dec | 3.6 |
2023  Nov | 3.52 |
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Definition: The mortgage credit interest rate is the average interest rate on mortgage loan products offered to individuals and households by the commercial banks in the country. The mortgage credit is a loan used to finance the purchase of real estate.
Related indicators | Latest | Reference | Measure |
---|---|---|---|
Inflation | 4.9 | 2023 | percent |
Exchange rate regimes | 7 | 2022 | index points |
USD exchange rate | 0.9409 | 11/2024 | Local Currency Units per USD |
Money supply (broad money) | 2,752.66 | 6/2024 | billion |
Consumer Price Index (CPI) | 123.3900 | 11/2024 | index points |
Inflation, monthly | -0.12 | 11/2024 | percent |
Inflation, annual | 1.71 | 11/2024 | percent |
Private sector credit | 3,083.07 | 6/2024 | billion |
Business credit | 1,359.93 | 6/2024 | billion |
Household credit | 1,723.14 | 6/2024 | billion |
Mortgage credit | 1,283.59 | 6/2024 | billion |
Consumer credit | 439.54 | 6/2024 | billion |
Deposit interest rate | 3.80 | 6/2024 | percent |
Business credit interest rate | 4.65 | 6/2024 | percent |
Mortgage credit interest rate | 3.43 | 6/2024 | percent |
Household debt to GDP | 61.60 | 3/2024 | percent |
Debt service ratios for private non-financial sector | 20.40 | Q1/2024 | percent |