Interest rates implied in housing loans
Interest rate on housing loans and average repayments maintained downward trend
- July 2012
24 August 2012
Summary
The interest rate implicit in all contracts of mortgage loans to households for house purchases was 2.126% in July, decreasing 0.109 percentage points (p.p.) from the rate observed in the previous month. The average loan repayments stood at €280, down by €3 comparing with the value observed in June. For the contracts signed over the last 3 months, the implicit interest rate moved from 3.949% in June to 3.838%.