Lending rates has since the low rates during the end of 2005 increased during the first part of 2006 and continues to rise also in June. The yearly increase in money supply, both M1 and M3 continues to decline.
The growth rate for the lending rates for house purchase continue to increase in June
During the last month most of the lending rates has continued to increase. MFI:s lending rates to households for house purchase increased during the month from 3,68 to 3,72 per cent. Since the turn of the year lending rates for house purchase has increased with 0,18 per cent, in December the rate was 3,54 per cent. The volume of MFI:s lending to households for house purchase has since the turn of the year had a constant yearly growth rate at roughly 14 per cent. The housing finance institutions lending rate on new agreements to households for house purchase increased during the last month from 3,30 to 3,50 per cent, and has since December increased by 0,31 per cent. Banks lending rates on new agreements to non-financial corporations has increased from 2,78 per cent in December 2005 to 3,42 percent in June 2006