Interest rates on housing loans in Finland lowest in the euro area and housing loan growth above average
Putkuri, Hanna (28.02.2012)
JulkaisusarjaBank of Finland. Financial Market Report
Julkaisun pysyvä osoite onhttps://urn.fi/URN:NBN:fi:bof-201408075004
Lending for house purchase has remained more buoyant in Finland than in the euro area on average. In Finland, the average interest rate on new housing loans has been the lowest in the euro area and consumer confidence in the economy has also remained above the euro area average. Nevertheless, housing prices in Finland fell slightly in the fourth quarter of 2011.