Lower fixed interest rate on new mortgages

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The fixed interest rate on new mortgage loans fell by 0.06 percentage points in April.

 

In April, the floating rate on new mortgages to households from a sample of banks and mortgages companies was unchanged at 2.52 per cent. The fixed interest rate went down by 0.06 percentage points to 2.64 per cent.

Figure 1. Interest rates on new and outstanding loans secured on dwellings to households. Monthly sample of banks and mortage companies

New loans, floating interest rate New loans, fixed interest rate Loans outstanding, floating interest rate Loans outstanding, fixed interest rate
Apr. 2015 3.09 2.55 3.23 3.54
May 2015 3.07 2.6 3.22 3.46
June 2015 3.00 2.71 3.19 3.4
July 2015 2.87 2.73 3.15 3.38
Aug. 2015 2.83 2.7 2.93 3.36
Sep. 2015 2.78 2.71 2.91 3.4
Oct. 2015 2.60 2.61 2.88 3.33
Nov. 2015 2.57 2.51 2.77 3.29
Dec. 2015 2.54 2.51 2.65 3.28
Jan. 2016 2.55 2.48 2.64 3.26
Feb. 2016 2.50 2.39 2.63 3.24
Mar. 2016 2.48 2.23 2.61 3.22
Apr. 2016 2.40 2.22 2.59 3.20
May 2016 2.37 2.27 2.51 3.18
Jue 2016 2.38 2.26 2.47 3.16
July 2016 2.38 2.26 2.46 3.12
Aug. 2016 2.35 2.32 2.46 3.10
Sep. 2016 2.36 2.32 2.45 3.07
Oct. 2016 2.38 2.46 2.44 3.03
Nov. 2016 2.43 2.56 2.45 2.99
Dec. 2016 2.44 2.70 2.45 2.96
Jan. 2017 2.47 2.77 2.53 2.95
Feb 2017 2.49 2.76 2.53 2.94
Mar. 2017 2.52 2.70 2.53 2.93
Apr.2017 2.52 2.64 2.53 2.92

Interest rate on loans to non-financial corporations

For new other repayment loans to non-financial corporations, the interest rate increased by 0.02 percentage points to 3.05 per cent in April, while the interest rate on outstanding loans fell by 0.03 percentage points to 3.09 per cent.

Figure 2. Interest margins on new and outstanding loans with a mortgage to households. Sample of banks and mortgage companies

Loans margin, total outstanding loans secured on dwellings Loans margin, new total loans secured on dwellings NIBOR
Apr. 2015 1.48 1.73 1.53
May 2015 1.52 1.76 1.48
June 2015 1.61 1.85 1.36
July 2015 1.57 1.88 1.29
Aug. 2015 1.67 1.83 1.15
Sep. 2015 1.64 1.82 1.14
Oct. 2015 1.49 1.81 1.11
Nov. 2015 1.37 1.62 1.20
Dec. 2015 1.38 1.56 1.15
Jan. 2016 1.36 1.51 1.19
Feb. 2016 1.43 1.61 1.07
Mar. 2016 1.45 1.65 1.02
Apr. 2016 1.38 1.63 1.01
May 2016 1.38 1.58 0.99
Jue 2016 1.34 1.50 1.03
July 2016 1.31 1.45 1.07
Aug. 2016 1.26 1.42 1.09
Sep. 2016 1.19 1.33 1.17
Oct. 2016 1.27 1.37 1.12
Nov. 2016 1.28 1.34 1.16
Dec. 2016 1.27 1.30 1.19
Jan. 2017 1.45 1.52 1.04
Feb 2017 1.44 1.5 1.06
Mar. 2017 1.54 1.57 0.99
Apr. 2017 1.54 1.57 0.99

Stable deposit rates

The interest rate on deposits from non-financial corporations and the interest rate on total deposits from households were stable at 0.69 and 0.77 per cent respectively.

 

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