Fifth of Economic Output at Risk: Rising Interest Rates and the Potential Impact on Real Estate Loans
Innsbruck/Vienna (OTS) – In particular, the variable interest rates for housing loans rose by around 0.5 percentage points over the second quarter of 2023, in line with two further interest rate hikes by the ECB. In a year-on-year comparison, the nominal increase was almost 3.8 percentage points and the effective monthly rate for a real … Read more