Interest rates implied in housing loans
Interest rate on housing loans continued to increase
- November 2010
29 December 2010
In November, the interest rate implicit on all housing loans contracts stood at 1.992%, 0.048 percentage points (p.p.) more than in the previous month and representing an increase of 0.190 p.p. from June 2010 (when the minimum interest rate was attained). The average loan repayments stood at €257, increasing €2 from the previous month. In the contracts signed over the last 3 months the implicit interest rate was 2.694%, corresponding to a monthly increase of 0.172 p.p. and 0.676 p.p. more than in March 2010. The average loan repayments were €327, up by €4 from October.