Annual average interest rate on new mortgage loans in France 2006-2022
The annual average interest rate on new residential loans in France increased for the first time in 2022, after a 10-year-period of year-on-year decline. Despite the increase, mortgage rates remained relatively low compared to the historical average. In 2022, the average interest rate was 1.47 percent, up from 1.15 percent in 2021, when mortgage rates were at record-low.