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HomeTagsInterest rate

Tag: Interest rate

The average mortgage interest rate will rise from 1.084% to 3.612% between 2022 and 2023.

The average annual interest rate built into home loan contracts was 3.612% in 2023, compared to 1.084% in the previous year, with the average installment increasing by 94 euros (35.3%) to 362 euros, INE reported this Friday. According to the National Institute of Statistics (INE), in the financing direction “housing purchase”, the most relevant...
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