Interest rates implied in housing loans
Interest rate on housing loans continued to diminish and average repayments stabilized
- August 2013
24 September 2013
The implicit interest rate in all contracts of mortgage loans to households for house purchases was 1.407% in August, diminishing 0.006 percentage points comparing with the rate observed in the previous month. For the third consecutive month, the average loan repayments was €258.
For contracts signed in the last 3 months, the implicit interest rate was 3.022%, diminishing 0.004 percentage points from the rate observed in the previous month.