France mortgage rate: house purchase, outstanding
France mortgage rate: house purchase, 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 (outstanding amounts) | 1.99 | 2 | 2 | 1.99 | 1.98 | 2 | 2.06 | 1.93 | 1.94 | 1.93 | |
| Loans to households for house purchase with an original maturity of up to one year (outstanding amounts) | 3.01 | 3.04 | 3.11 | 3.07 | 3.08 | 3.15 | 3.25 | 2.99 | 3.06 | 3.08 |
Understanding france mortgage rate: house purchase, outstanding
Aggregate weighted-average annual percentage charges applied to the entire stock of active residential mortgages extended to individuals for acquiring property. This metric reflects the broader legacy cost of housing finance across the household sector, blending older low-cost loans with recently contracted higher-rate mortgages. Excluded from this aggregate measure are non-mortgage retail credits, commercial real estate loans, and bridging facilities.
Reading this series requires recognizing its inherent inertia, as the large pool of historical mortgages dampens the immediate impact of current central bank rate changes. Revisions are infrequent and typically minor, reflecting routine data corrections from reporting credit institutions. Analysts must note that this stock measure moves much slower than new business mortgage rates, making it an imperfect gauge of current housing affordability conditions.
Frequently asked questions
- Does this series cover commercial property acquisitions by businesses?
- Commercial real estate is excluded; this metric is restricted entirely to residential property financing for households.
- Why does this outstanding rate lag behind current mortgage market trends?
- Because it aggregates all existing mortgages, old contracts signed years ago heavily influence the average alongside new loans.
- Are early repayment fees factored into this percentage rate?
- The figure measures contractual interest rates on active balances and excludes penalty fees associated with early loan settlement.