The profitability of fixed vs variable interest rates on Lithuanian housing loans over the last decade

The profitability of fixed vs variable interest rates on Lithuanian housing loans over the last decade

Loans with fixed interest rates are almost non-existent on the Lithuanian market, and the Bank of Lithuania (LB) wanted to change that – it prepared amendments to the laws, according to which banks would be obliged to provide two interest alternatives for housing loans. However, the offer of fixed interest rates might not always be … Read more