France house purchase loans: fixation over ten years
France house purchase loans: fixation over ten years stood at 3.21% in Aug 2026, according to ECB Data Portal – MFI interest rate statistics (MIR), reported by Banque de France. It is one of the indicators in the Bank interest rates and new loans table (Value · Monthly), with a complete series running from Jan 2000 to Aug 2026. The complete series with an interactive chart, free to download.
This indicator in the Bank interest rates and new loans table
| Indicator | 08-2026 | 07-2026 | 06-2026 | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | 12-2025 | 11-2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| House purchase | |||||||||||
| Loans to households for house purchase with an interest rate fixation period of over ten years (new business) | 3.21 | 3.19 | 3.16 | 3.11 | 3.12 | 3.11 | 3.1 | 3.06 | 3 | 3 | |
| Loans to households for house purchase with collateral (new business) | 3.19 | 3.16 | 3.15 | 3.09 | 3.1 | 3.08 | 3.08 | 3.04 | 3 | 2.99 |
Understanding france house purchase loans: fixation over ten years
This indicator records the interest percentage applied to newly agreed residential property credit contracts featuring an initial interest rate fixation period exceeding ten years. The scope isolates long-duration fixed-rate borrowing, excluding all short-term variable agreements and medium-term fixation tiers. This specific category captures extended rate protection contracts, reflecting how lenders price long-horizon capital commitments for individual real estate purchasers.
Reading this metric correctly requires examining month-on-month movements against long-term bond yields and swap curves, while disregarding calendar seasonality since long-term mortgage demand lacks predictable annual cycles. Analysts should not compare this ultra-long fixation rate directly with short-term borrowing costs, as long-duration pricing incorporates different term premia and inflation expectations. Initial monthly estimates remain remarkably stable, with revisions occurring only when reporting institutions submit delayed contract corrections.
Frequently asked questions
- What defines the threshold for inclusion in this long-fixation series?
- The initial interest rate fixation period must extend strictly beyond ten years from the contract inception date.
- Why do long-term fixed rates often diverge from short-term borrowing costs?
- Long-duration pricing incorporates extended term premia and multi-year macroeconomic expectations that differ from immediate money market rates.
- Are seasonal adjustments necessary when evaluating this series?
- No, long-term mortgage originations do not exhibit systematic seasonal patterns that would distort monthly comparisons.