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 23th.
The weighted average is 4.30%. When
added to the interest rate premium of 0.70% on regular housing loans the
interest rate of new loans stands at 5.00%.
interest rate premium on loans with a special prepayment fee is 0.25%, so the
interest rate of such loans shall be 4.75%.