Effective interest rates - March 2017

• Effective rates on household new business other loans fell to 6.59%, the lowest rate in the series. This was driven by a 37 basis point decrease in individuals other loans fixed 1-5 years to 6.99%.
• Effective rates on individuals outstanding interest and fee charging overdrafts increased by 372 basis points to 26.40%. This is the highest rate in our series.
• Effective rates on individuals outstanding mortgages continue at record low, this month decreasing by 2 basis points to 2.61%.

Effective interest rates statistical release - March 2017

Data tables

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• Further details about effective interest rates data