Concept selected: Mortgage interest rate
- Definition
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Quantitiy that is paid as remuneration for the availability of a sum of money taken as a credit. It refers to the interest that is paid for the concession of mortgage loans. It is classified as: fixed or variable interest rate.
- Notes
- Fixed interest.- Interest that does not change for the duration of the loan, in other words, a percentage remains fixed. The annual effective rate or AER is not covered. The initial rate will be listed. - Variable interest.- When it does not remain fixed for the duration of the loan. The variable interest consists of a reference index: in these statistics the reference indices are classified into eight. The initial rate will also be noted.
- Source
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Transfer of Property Rights. Methodology
- Topic
- Statistical operations (links to the Inventory of Statistical Operations)
- Concepts associated
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There are no related concepts