The best mortgage rates as listed by Credit Zone are offered by Volksbank, BRD-Groupe Societe Generale, Banca Comerciala Romana, Intesa Sanpaolo Bank and UniCredit Tiriac Bank.

The lowest interest rate for a traditional mortgage loan in euro is 6.58% and it’s available at Volksbank.

In the survey, the company took into account the offers of partner banks valid until September 14, 2009 for loans in euro. The ranking is based on the interests made public by banks to credit brokers and does not include any fees.

Lender Interest Type of interest
Volksbank 6.58 adjustable
BRD - Groupe Societe Generale 7.33 adjustable
Banca Comerciala Romana 7.52 adjustable
Intesa Sanpaolo Bank 7.74 adjustable
UniCredit Tiriac Bank 8.83 adjustable

The offers of BRD and BCR, the country’s largest banks by assets, are listed in top five best mortgage deals, with an adjustable rate of 7.33% and 7.52% respectively.

Intesa Sanpaolo Bank takes the fourth spot with 7.74% annual interest. Unicredit Tiriac Bank is ranked fifth, with annual interest of 8.83%.

Credit Zone told Wall-Street that for the moment it was handling talks with ING Bank Romania that offered 5.5% interest for its ING Casa Noua home loan.