Interest rates implied in housing loans, December 2016, INE

Page created: Monday, 23 January 2017 14:08GMT

Press Release:  23 January 2017 - 4 Page(s)
Tags:
Credit   Housing   Interest Rates  Loans

The implicit interest rate in all contracts of mortgage loans to households was 1.028% in December, down by 0,004 basis points from the previous month. The average value of loans repayments stood at €237, for the fourth month in a row.
For the year 2016, the average annual interest rate for total mortgage loans was 1.113%, down by 0.177 basis points from the previous year. The average mortgage owed capital diminished €802 in 2016 compared with the previous year, while the average value of loans repayments was reduced by €3 to €238 in 2016.



Original title:  Interest rate kept dimininishing trend. Loans repayments maintained the same value

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