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Interest rate on housing loans maintained downward trend and average repayments diminished
Interest rates implied in housing loans
Interest rate on housing loans maintained downward trend and average repayments diminished - May 2013
24 June 2013

Summary

The interest rate implicit in all contracts of mortgage loans to households for house purchases was 1.431% in May, down by 0.011 percentage points (p.p.) from the rate observed in the previous month. The average loan repayments stood at €259 in May, representing a reduction of 1 euro comparing with the value observed in April.
For the contracts signed in the last 3 months, the implicit interest rate was 3.168%, up by 0.019 p.p. from the rate observed in the previous month.


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