The average interest rate on new housing loans fell to 1.88 per cent in April from 1.90 per cent in March, the Bank of Finland reports.
In all, households secured housing loans to a total value of EUR 1.5 billion.
In March an equal amount of money was borrowed.
A year ago in April the corresponding figure was smaller by EUR 78 million.
In all, Finnish households had 73 million euros worth of outstanding housing loans at the end of April, which is 6.5 per cent more than a year ago.
In March an annual growth rate of 6.6 per cent was measured.
“The average interest rate on the aggregate stock of housing loans declined by 0.02%-points on March, to 1.94% at end-April”, the Bank of Finland reports.
In April the country’s households had deposits to a total of EUR 75 billion, which was 0.5 billion more than in March.
At the end of April the average interest rate on the stock of household deposits was 0.80 per cent.
Interest rates are not predicted to rise significantly before next year.
