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Data Note: Estonia - Mortgage rates - Source
Wednesday, 12 Jul 2017 09:40 ET
By Rosemary Herrmann
Summary
July 2017 -- For the interest rate for euro-denominated housing loans granted in Estonia, we have changed our source from Statistics Estonia to Bank of Estonia (one monthly series impacted).
Detail

In response, we have:

  • Updated the citation in the source metadata.
  • Truncated the time series to January 1999. It previously started at April 1997, but those values were for kroon (EEK)-denominated loans, since that interval predates the euro.

The series resides in the historical catalog (Estonia » Financial » Interest rates » Mortgage rates) and is:

  • HS%MRMGRUM.IEST = Interest rates: Housing loans in EUR to households and NPISHs, (% p.a., NSA)

Because catalog locations are subject to change, the upper-right search box on DataBuffet.com provides a "find in catalog" mode that accepts a mnemonic.

Please be aware that:

  • The euro was inaugurated in January 1999, and Estonia acceded to the euro zone  January 2011. For consistency, the series has been converted by the source to EUR terms from 1999.
  • In comparing series from Statistics Estonia table RS15 and Bank of Estonia table 3.7.3 we have observed an anomaly. The single series reported by Statistics Estonia appears to conflate two separate loan purposes. This does not affect Data Buffet since it predates our extract.
  Statistics Estonia Bank of Estonia Data Buffet
1997m4 to 1997m11 Housing loans in EEK Consumer credits in EEK omitted
1997m12 to 1998m12 Housing loans Housing loans omitted
1999m1 to 2010m12 Housing loans Housing loans carried
2011m1 to present not reported Housing loans carried
Other
Related ReleaseInterest rates of loans granted to households
SourceBank of Estonia
FrequencyMonthly
GeographyEstonia
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