Interest rates implied in housing loans
Interest rate on housing loans and average repayments maintained downward trend
- August 2012
24 September 2012
Summary
The interest rate implicit in all contracts of mortgage loans to households for house purchases was 2.030% in August, decreasing 0.096 percentage points (p.p.) from the rate observed in the previous month. The average loan repayments stood at €277, down by €3 comparing with the value observed in July. For the contracts signed over the last 3 months, the implicit interest rate was 3.756% in August down by 0.082 p.p. from July.