Interest rates implied in housing loans
Interest rate and average repayments on housing loans continue to increase
- August 2011
26 September 2011
Summary
The interest rate implicit in all contracts of mortgage loans stood at 2.523% in August, up by 0.093 percentage points from the rate observed in the previous month. The average loan repayments stood at €275, increasing by €4 from July. For the contracts signed over the last 3 months, the implicit interest rate was 3.906%, 0.111 p.p. higher than the observed in July. The average loan repayments for these contracts stood at €384, up by €13 from July.