For several months, many households have benefited from the exceptionally low interest rates offered by credit institutions for real estate projects.

A few months ago, we were reviewing the December 2016 interest rates, which had become very attractive.

The BCL (Banque Centrale du Luxembourg) did a new review on the interest rates offered to households in April 2017:

• Variable interest rate for mortgage loans was 1.63%
• Whereas fixed interest rate was fixed on average at 1.81%.

In comparison to December rates, variable rate has hardly moved (1.65%) and remains very attractive for households that have contracted this type of loan.
As for the fixed rate, it rose from 1.67% on average in December against 1.81% in April, with an increase of 8.4%. This is a very attractive rate compared with the interest rates that were offered several years ago.

If you are looking for a new home, then it is still time to buy one at a competitive rate!

Find out more now on IMMOTOP.LU:

• More than 7 700 apartments for sale
• More than 5 500 houses for sale

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