France house purchase loans over one year: outstanding
France house purchase loans over one year: outstanding stood at 1.99% 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 2003 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Rates on outstanding loans | |||||||||||
| Loans to households for house purchase with an original maturity of over one year (outstanding amounts) | 1.99 | 2 | 2 | 1.99 | 1.98 | 2 | 2.06 | 1.93 | 1.93 | 1.93 | |
| Loans to households for consumption & other purposes (outstanding amounts) | 5.14 | 5.21 | 5.25 | 5.02 | 5.21 | 5.04 | 5.31 | 4.91 | 4.86 | 4.93 |
Understanding france house purchase loans over one year: outstanding
This statistical series captures the weighted-average annualized interest rates applied to the cumulative volume of existing long-term residential real estate financing agreements. The measurement encompasses the entire active stock of property acquisition credits extended to individual borrowers that carry an original duration exceeding twelve months. Short-term bridging facilities, commercial property credits, and uncommitted credit lines are excluded from this specific aggregation. The metric reflects the prevailing cost of servicing legacy residential debt across the banking sector, distinguishing itself from sibling measures by focusing exclusively on the cumulative pool of established property loans rather than newly concluded contracts.
Interpreting this measure requires accounting for the gradual transmission speed of monetary policy adjustments, as legacy borrowing costs adapt slowly to shifting market benchmarks compared to freshly issued agreements. Analysts evaluating this series should rely primarily on period-on-period comparisons to trace incremental shifts in the broader cost of capital, since twelve-month variations dilute immediate policy impacts. Early estimates are subject to routine revisions as reporting institutions submit updated portfolio balances. Analysts frequently misinterpret this stock measure as an indicator of current mortgage pricing, failing to recognize that older, fixed-rate contracts heavily anchor the aggregate percentage.
FAQ: Q: How does this series differ from figures tracking new residential credit? A: This series measures the average rate across all existing, previously issued property loans, whereas new credit metrics isolate only agreements signed during the latest reference period. Q: Why do legacy loan rates adjust slower than recent borrowing metrics? A: Existing contracts often feature fixed-rate terms locked in for years, insulating the cumulative stock from immediate policy rate adjustments. Q: Does this metric include commercial property financing? A: No, the scope is restricted exclusively to loans extended to households for residential real estate purposes.
Frequently asked questions
- How does this series differ from figures tracking new residential credit?
- This series measures the average rate across all existing, previously issued property loans, whereas new credit metrics isolate only agreements signed during the latest reference period.
- Why do legacy loan rates adjust slower than recent borrowing metrics?
- Existing contracts often feature fixed-rate terms locked in for years, insulating the cumulative stock from immediate policy rate adjustments.
- Does this metric include commercial property financing?
- No, the scope is restricted exclusively to loans extended to households for residential real estate purposes.