Housing loan interest rates rose in April, according to recent reports. Several major banks, including NLB and UniCredit, implemented increases across all loan maturities. NLB raised rates by 0.10 percentage points, while UniCredit increased rates by 0.35 percentage points.
Sparkasse adjusted its pricing specifically for 20-year loans, also increasing rates by 0.10 percentage points. Notably, the bank has discontinued advertising its 30-year loan offerings. The availability of longer-term loans is diminishing.
Currently, only four banks offer 30-year fixed-rate loans, with advertised rates ranging from 3.5% (offered by Intesa Sanpaolo) to 3.8% (offered by NLB). It’s important to note that these advertised rates typically represent introductory offers. Borrowers often have the opportunity to negotiate lower interest rates through individual agreements.
The shift reflects broader trends in the financial market and impacts the options available to prospective homebuyers.
