Interest rates implied in housing loans
Interest rate on housing loans
- June 2005
29 July 2005
The interest rate on housing loans as a whole was set at 3.705% in June, representing a slight acceleration of 0.002 percentage point (p.p.) from May. The rate on contracts signed over the last 3 months had a monthly deceleration of 0.023 p.p., to stand at 3.341%. The average value of principal outstanding per contract indicated a monthly decline of €61, and loan repayments attained €270, remaining stable from May.