According to the French investment in the housing market Observatory published data on the 19th, France last year, the total mortgage payment is not due to the loan-to-crisis in the United States contraction rather than the same period of 2003 rising.

Data show that in 1998, France issued more than 230 million housing loan, mortgage amount to 170.7 billion euros, compared with the previous year increased by 2.7%.
In the financial markets by the United States, loan-to-crisis atmosphere is tense in the fourth quarter, France mortgage payment of the total 41.8 billion euros, compared with the previous year increased by 3.8 percent over the same period.

France last year, the average amount of each mortgage for 140,900 euros, but different income loans, the amount of the crowd varied widely. Generally speaking, the higher the income level the more loans.

French Government has been encouraging individual purchase of houses and hopes to promote the prosperity of the real estate industry, and promote related industries. Last year, the Government also introduced a special series of personal mortgage tax relief measures. At the same time, last year's French property price increases significantly reduced, France has begun to enter the housing market stable.

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