Interest rates implied in housing loans
Interest rate on housing loans and average repayments continued to diminish
- September 2012
24 October 2012
Summary
The interest rate implicit in all contracts of mortgage loans to households for house purchases was 1.938% in September, decreasing 0.092 percentage points (p.p.) from the rate observed in the previous month. The average loan repayments stood at €274, down by €3 comparing with the value observed in August. For the contracts signed over the last 3 months, the implicit interest rate was 3.698% in September down by 0.058 p.p. from the rate recorded in August.