The implicit interest rate in all contracts of mortgage loans to households was 1.028% in December, down by 0,004 basis points from the previous month. The average value of loans repayments stood at €237, for the fourth month in a row.
For the year 2016, the average annual interest rate for total mortgage loans was 1.113%, down by 0.177 basis points from the previous year. The average mortgage owed capital diminished €802 in 2016 compared with the previous year, while the average value of loans repayments was reduced by €3 to €238 in 2016.