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Decrease in Interest rate on housing loans for the 14 th consecutive month
Interest rates implied in housing loans
Decrease in Interest rate on housing loans for the 14 th consecutive month - February 2010
29 March 2010

Summary
The interest rate on housing loans stood at 1.873% in February, down by 0.046 percentage points compared with the previous month. With a decrease of 4.103 percentage points from December 2008, this value is the new lowest one of the time series initiated in November 2003. The average loan repayments stood at €251, witch is, also, the lowest value of all time series (since the beginning of 2009 this decrease was €118). The implicit interest rate on contracts signed over the last 3 months dropped by 0.024 percentage points to 2.034%.

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