The month of January 2019 should not be a bearer of big movement concerning mortgage rates. We see a slight drop in rates for short-term credits. Interesting files for banks can get discounts of up to 0.4%.
The best real estate rate in January 2019 by duration
The level of mortgage rates declined slightly for short terms, we note a decrease of 0.05% for 7 and 10 year loans. Banks are always fighting over the best customers and making real estate credit a product of appeal.
Schedule of the best real estate rates of January 2019
|term of the loan||Best fixed rate||Monthly *||Trend|
|7 years / 84 months||0.45%||$ 120.95||Drop ↓|
|10 years / 120 months||0.65%||$ 86.05||Drop ↓|
|15 years / 180 months||0.80%||$ 58.97||Stable =|
|20 years / 240 months||1.00%||$ 45.99||Stable =|
|25 years / 300 months||1.25%||$ 38.83||Stable =|
* Monthly payment excluding insurance for € 10,000 borrowed capital
Range of rates given for information only. Non-real-time discounted rates (compared to the previous month) and may vary by region and revenue.
Average January 2012 real estate rate by loan term
Average mortgage rates are down on long maturities. Over 20 years you can get a rate of 1.40% and over 25 years a rate of 1.65%. There should not be a big move until September 2019.
Grid of average property rates from January 2019
|term of the loan||Average fixed rate||Monthly *||Trend|
|7 years / 84 months||0.90%||$ 122.88||Stable =|
|10 years / 120 months||1.00%||€ 87.60||Stable =|
|15 years / 180 months||1.20%||$ 60.73||Stable =|
|20 years / 240 months||1.40%||$ 47.80||Drop ↓|
|25 years / 300 months||1.65%||$ 40.70||Drop ↓|
- Monthly payment excluding insurance for € 10,000 borrowed capital
Evolution of mortgage rates 10, 15, 20 and 25 years
Follow the evolution of mortgage rates for 10, 15, 20 and 25 years from January 2015 until today thanks to our interactive chart, select the date and duration you want to see the best rate:
Negotiate your credit with a real estate broker
By choosing to go through a mortgage broker to borrow, you make sure you get:
- a lower mortgage rate
- a less expensive borrower insurance via a delegation of insurance
- a tailor-made loan offer for your home loan or real estate loan buyback