Interest rates implied in housing loans
Interest rate on housing loans maintains upward trend
- June 2007
26 July 2007
Summary
The interest rate on housing loans as a whole was set at 5.051% in June, accounting for an increase of 0.067 percentage points (p.p.) from May 2007. The implicit interest rate on contracts signed over the last 3 months rose by 0.074 p.p. to 4.643%. The average value of outstanding principal per contract increased €183 from May to June and loan repayments stood at €324.