Interest rates implied in housing loans
Average repayments and interest rate on housing loans diminish
- April 2012
24 May 2012
Summary
The interest rate implicit in all contracts of mortgage loans to households for house purchases was 2.509% in April, decreasing 0.099 percentage points (p.p.) from the rate observed in the previous month. The average loan repayments stood at €291, down by €2 comparing with the value observed in March. For the contracts signed over the last 3 months, the implicit interest rate was 4.368%, diminishing 0.057 p.p. from the rate observed in the previous month. The average loan repayments for these contracts stood at €369, €22 below the value observed in March.