Menu
Methods and standards / Concept Glossary / Mortgage interest rate

Concept selected: Mortgage interest rate

Definition

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

Transfer of Property Rights. Methodology

Topic

Statistical operations

(links to the Inventory of Statistical Operations)

Concepts associated

    There are no related concepts


Back     Print