Interest rates implied in housing loans
Interest rate on housing loans maintains an upward trend
- December 2007
22 January 2008
Summary
The interest rate on housing loans stood at 5.517% in December, increasing 0.062 percentage points (p.p.) comparing with November 2007. The implicit interest rate on contracts signed over the last 3 months rose by 0.159 p.p. to 5.360%. The average value of outstanding principal per contract increased €179 from November and loan repayments stood at €344.