The average rate on new floating-rate housing loans in Greece rose to 3.72% in September 2026, up 33 basis points from August, according to the Bank of Greece (the central bank).
The figure covers new contracts agreed in the month, not actual disbursements, the Bank of Greece says. Floating-rate loans include those with an initial fixed period of up to one year. The release gives no separate figure for home loans fixed for longer periods.
For loans already on banks’ books, the average rate on housing loans with a maturity of over five years rose 4 basis points to 3.78%. Across all new loans to households and firms, the weighted average rate eased to 4.76% from 4.79%. The average rate on new deposits rose to 0.40% from 0.37%.
The September figures predate the latest European Central Bank meeting. On 29 October 2026 the ECB kept its deposit facility rate at 2.50%, as we reported in our ECB report, which gave the August rate of 3.39%.
What it means for buyers
New floating-rate home loans signed in September carried a higher average rate than those signed in August. The average is a national figure for one month of contracts. It says nothing about the rate a given bank will offer a given borrower.
Demand for housing loans was almost unchanged in the third quarter, the central bank’s lending survey showed, as covered in our report on loan demand.
What happens next
The Bank of Greece is due to publish October interest rate data on 2 December 2026, according to its September release.
