The mortgage interest rate fell to 4.091% in December, showing a decrease from the previous month, but still above the value of the same period in 2023, according to INE data.
The implicit interest rate on home loans fell by 9.1 basis points in November, settling at 4.186%, down from 4.524% in November 2023.
The implicit interest rate on housing credit continued to fall in October, marking the 9th consecutive month of decline, reaching 4.277%.
Average interest rate of new housing credit operations decreased for the 11th consecutive month.