Value of new mortgages up by 49% year on year in 2018

…increased their annual interest rates to an average of 9.66% in December 2018, after the all-time low figure of 9.41% recorded in October and September, and also from 9.42% in August. The rate averaged 9.56% in 2018. By way of comparison, the average rate for 2017 stood at 10.64%.

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