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Strong decrease in Interest rate on housing loans for the last four months
Interest rates implied in housing loans
Strong decrease in Interest rate on housing loans for the last four months - April 2009
28 May 2009

Summary
The interest rate on housing loans stood at 4.117% in April, down by 0.632 percentage points (p.p.) compared with the previous month, with a decrease of 1.860 p.p. from December 2008. This rate is close by June 2006 level. The average loan repayments decreased €19. The implicit interest rate on contracts signed over the last 3 months dropped by 0.791 p.p. to 3.514%.

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