The implicit interest rate on real estate credit contracts rose in March for the first time in more than two years, to 3.088%, against 3.079% in the previous month and 3.735% in March 2025, IBGE announced.
According to the National Statistics Institute (INE), this is the first increase since January 2024, interrupting a cycle of 25 consecutive months of falling interest rates implicit in housing credit contracts, which reflects the relationship between the total interest accrued in a given month and the outstanding capital at the beginning of that period before amortization.