Interest rates implied in housing loans
Interest rate on housing loans diminished sligthly and average repayments stabilized
- July 2013
23 August 2013
Summary
The interest rate implicit in all contracts of mortgage loans to households for house purchases was 1.413% in July, down by 0.003 percentage points (p.p.) from the rate observed in the previous month. The average loan repayments stood at €258 in July (the same value observed in June).
For the contracts signed in the last 3 months, the implicit interest rate was 3.026%, diminishing 0.008 p.p. from the rate observed in the previous month.