Interest rates implied in housing loans
Decrease in Interest rate on housing loans for the 6th consecutive month
- June 2009
28 July 2009
Summary
The interest rate on housing loans stood at 3.160% in June, down by 0.456 percentage points (p.p.) compared with the previous month, with a decrease of 2.817 p.p. from December 2008. This value is the lowest one of all time series (since November 2003). The average loan repayments decreased €12. The implicit interest rate on contracts signed over the last 3 months dropped by 0.281 p.p. to 2.786%.