Interest rates implied in housing loans
Interest rate and average repayments on housing loans maintain upward trend
- July 2011
29 August 2011
Summary
In July, the interest rate implicit in all contracts of mortgage loans stood at 2.430%, up by 0.093 percentage points from the previous month. The average loan repayments stood at €271, increasing by €2 from June. In the contracts signed over the last 3 months, the implicit interest rate was 3.795%, 0.281 p.p. higher than the observed in the previous month. The average loan repayment for these contracts was €371, up by €15 from June.
