Those investing in Brittany property may find that it soon becomes cheaper to take out a mortgage to do so.

As part of the eurozone, France will see its interest rate lowered if the European Central Bank decides a cut is warranted tomorrow, something widely predicted by economists in a Reuters poll.

The majority of the 81 experts interviewed by the news agency predicted a 0.5 per cent rate cut, with 24 of them suggesting the fall will be as much as 0.75 per cent.

Of the 15 banks contacted, most expect the reduction to be 0.5 per cent.

While Brittany property seekers may be able to enjoy the fruits of a euro rate cut, French president Nicolas Sarkozy has announced action this week to bolster the housing market.

He has introduced measures such as raising the income limit for government mortgage guarantees and interest-free loans for those making energy-efficient home improvements.

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