Interest rates implied in housing loans
Interest rate on housing loans maintains an upward trend
- November 2007
28 December 2007
Summary
The interest rate on housing loans stood at 5.455% in November, increasing 0.145 percentage points (p.p.) comparing with October 2007. The implicit interest rate on contracts signed over the last 3 months rose by 0.240 p.p. to 5.201%. The average value of outstanding principal per contract increased €190 from October and loan repayments stood at €341.