The interest rate implicit in all contracts of mortgage loans to households for house purchases was 1.701% in November, attaining a new minimum of the series started in January 2009, down by 0.128 percentage points (p.p.) from the the rate observed in the previous month. The average loan repayments stood at €268, down by €4 comparing with the value observed in October.
For the contracts signed over the last 3 months, the implicit interest rate was 3.532% in November, diminishing 0.097 p.p. from the rate observed in the previous month.