The interest rate decided by the Board of the Housing Financing Fund is
now based firstly on the weighted average from an auction of HFF bonds and
secondly on the financing cost of settled HFF mortgage bonds
The basis of the interest rate
decision are the paybacks of HFF mortgage and the bids for HFF bonds in
the auction held on March 8th. The weighted average is 4.31%. When added to the
interest rate premium of 0.70% on regular housing loans the interest rate of
new loans stands at 5.00%.
The interest rate premium on loans with a special
prepayment fee is 0.25%, so the interest rate of such loans shall be 4.75%.