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Interest rate on housing loans maintains a downward trend
Interest rates implied in housing loans
Interest rate on housing loans maintains a downward trend - November 2009
30 December 2009

Summary
The interest rate on housing loans stood at 2.077% in November, down by 0.134 percentage points compared with the previous month. With a decrease of 3.899 percentage points from December 2008, this value is the new lowest one of the time series initiated in November 2003. The average loan repayments decreased €3, to €256 (since the beginning of the year it decreased €113), witch is, also, the lowest value of all time series. The implicit interest rate on contracts signed over the last 3 months dropped by 0.113 percentage points to 2.164%.
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