According to the online broker Meilleurtaux.com the first half of February 2008 registered a significant decline in interest rates of mortgages.
Meilleurtaux.com stresses that "For the first time since the beginning of 2007, it falls below 4% and is at 3.99% at February 6, 2008, after having mounted up 4.70% in July 2007. " Meilleurtaux.com Tuut done well following the prognosis for 2008:
the level of rates should remain relatively stable throughout the year, with some slight upward movements, offset by some downward movements.
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