Interest rates implied in housing loans
Decline in interest rate on housing loans
- November 2005
29 December 2005
The interest rate on housing loans as a whole was set at 3.61% in November, which represents a decline of 0.007 percentage point (p.p.) from October. The interest rate on contracts signed over the last 3 months had a monthly increase of 0.016 p.p., to stand at 3.24%. The average value of principal outstanding per contract indicated a monthly rise of €196, and loan repayments attained €272, up €1 from the last three months.