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Interest rate and average repayments on housing loans continue to increase
Interest rates implied in housing loans
Interest rate and average repayments on housing loans continue to increase - February 2011
25 March 2011

Summary
In February, the interest rate implicit in all contracts of mortgage loans was 2.144%, up by 0.043 percentages points from January. Comparing with June 2010 (when the minimum interest rate was attained), the cumulative increase was 0.341 p.p.. The average loan repayments stood at €262, increasing €1 from the previous month. In the contracts signed over the last 3 months, the implicit interest rate increased 0.113 p.p. from January, standing at 3.073%, representing 1.055 p.p. more than in March 2010. The average loan repayments increased €7 to €352.

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