Mortgage rates begin to fall after record November. Compared to the record reached last November, when interest rates on mortgages stood above 4.9%.
Those who today take out a fixed rate loan for the purchase of their first home find themselves with an APR of between 2.7% and 2.8%. This equates to a lower monthly repayment, with savings of around 45 euros per month for a 30-year 100,000 euro mortgage, and 67 euros permonth for a 25-year 140,000 euros loan.