HANOI, Jan. 23 (Xinhua) -- The average home loan interest rates in Vietnam are forecast to increase slightly from the beginning of this year due to rising capital costs, local media cited analysts as saying on Thursday.
However, home loan interest rates will still be lower than before the COVID-19 pandemic, thanks to stable mobilization interest rates and low inflation in 2025. The low rates will support the growth of the real estate market, said the report.
According to Vietcombank Securities Company, home loans will continue to recover with a growth rate of about 15 percent in 2025, in both the primary and secondary real estate segments, due to supply.
The preferential home loan interest rates in Vietnam in 2024 were at the lowest level ever. The interest rates fluctuated from 5.3 percent to 7.2 percent last year due to reasonable capital costs and fierce competition among domestic banks to attract home buyers. ■