Graph and download economic data for 15-Year Fixed Rate Mortgage Average in the United States (MORTGAGE15US) from 1991-08-30 to 2025-03-20 about 15-year, fixed, mortgage, interest rate, interest, rate, and USA.

The mortgage interest rate in Ireland increased notably in 2023. From 2.77 percent in the fourth quarter of 2022, the rate reached 4.19 percent in the same quarter of 2023. This was part of an overall trend of increasing mortgage interest rates in Europe. Factors that influence mortgage interest rates include inflation, economic growth, monetary policies, the bond market, the stability of lenders, and the overall conditions of the housing market.

The mortgage interest rate in Czechia increased between the first quarter of 2017 to its highest in the fourth quarter of 2022. Factors that influence mortgage interest rates are inflation, economic growth, monetary policies, the bond market, the stability of lenders, and the overall conditions of the housing market. In the third quarter of 2024, the average mortgage interest rate in Czechia was 5.12 percent. In 2023, Poland and Hungary were among the countries with the highest mortgage interest rates in Europe.

Graph and download economic data for 30-Year Fixed Rate Conforming Non-Adjusted Mortgage Index (OBMMIC30YFNA) from 2017-01-03 to 2025-03-24 about 30-year, fixed, mortgage, rate, indexes, and USA.

Graph and download economic data for 30-Year Fixed Rate Jumbo Mortgage Index (OBMMIJUMBO30YF) from 2017-01-03 to 2025-03-25 about jumbo, 30-year, fixed, mortgage, rate, indexes, and USA.

The vast majority of mortgages for first-time homebuyers in Ireland in 2023 had a fixed rate. The share of loans with a variable interest rate was approximately nine percent in that year - a substantial decrease from 2017, when about one in three loans had a variable interest rate. Meanwhile, second and subsequent borrowers had a slightly lower share of fixed interest rate mortgages.

Mortgage rates in the Netherlands increased sharply in 2022 and 2023, after declining gradually between 2008 and 2021. In December 2022, the average interest rate for new mortgage loans stood at 1.65 percent, and by the end of 2023, it had risen to 4.13 percent. The 10-year interest rate was the lowest, at 2.96 percent; the floating and less than one-year interest rates amounted to 5.13 and 4.62 percent, respectively. In early 2024, mortgage rates decreased notably. Are mortgage rates in the Netherlands different from those in other European countries? When comparing this ranking to data that covers multiple European countries, the Netherlands’ mortgage rate was similar to the rates found in Spain, the United Kingdom, and Sweden. It was, however, a lot lower than the rates in Eastern Europe. Hungary and Romania, for example, had some of the highest mortgage rates. For more information on the European mortgage market and how much the countries differ from each other, please visit this dedicated research page. How big is the mortgage market in the Netherlands? The Netherlands has overall seen an increase in the number of mortgage loans sold and is regarded as one of the countries with the highest mortgage debt in Europe. The reason behind this is that Dutch homeowners were able to for many years to deduct interest paid from pre-tax income (a system known in the Netherlands as hypotheekrenteaftrek). Total mortgage debt of Dutch households has been increasing year-on-year since 2013.

Graph and download economic data for 30-Year Fixed Rate Veterans Affairs Mortgage Index (OBMMIVA30YF) from 2017-01-03 to 2025-03-25 about veterans, 30-year, fixed, mortgage, rate, indexes, and USA.

The vast majority of mortgages for second and subsequent homebuyers in Ireland in 2023 had a fixed rate. The share of loans with a variable interest rate was approximately 14.4 percent - a substantial decrease from 2017, when about 42 percent of new loans had a variable interest rate. Meanwhile, first-time buyers had a slightly higher share of fixed rate mortgages.

Mortgage interest rates in the UK were on a downward trend for more than a decade before soaring in 2022. In the second quarter of 2024, the average weighted interest rate stood at 4.8 percent - nearly three times the Interest rate in the fourth quarter of 2021. Mortgage rates also vary depending on the type of mortgage: Historically, fixed rate mortgages with a shorter term had on average lower interest rates. What types of mortgages are there? In terms of the type of interest rate, mortgages can be fixed and variable. A fixed interest rate is simply a mortgage where the rate of repayment is fixed, while a variable rate depends on the lender’s underlying variable interest rate. Furthermore, mortgages could be for a house purchase or for refinancing. The vast majority of mortgages in the UK are fixed rate mortgages for house purchase, and only a small share is for remortgaging. How big is the UK mortgage market? The UK has the largest mortgage market in Europe, amounting to nearly 61 billion euros in gross residential mortgage lending as of the second quarter of 2023. When comparing the total outstanding residential mortgage lending, the UK also ranks first with about 1.9 trillion euros.

Switzerland Mortgage Rate: Fixed: by Maturity: 3 Years data was reported at 1.121 % pa in Sep 2018. This records an increase from the previous number of 1.109 % pa for Aug 2018. Switzerland Mortgage Rate: Fixed: by Maturity: 3 Years data is updated monthly, averaging 1.300 % pa from Jan 2008 (Median) to Sep 2018, with 129 observations. The data reached an all-time high of 4.380 % pa in Jun 2008 and a record low of 1.090 % pa in May 2017. Switzerland Mortgage Rate: Fixed: by Maturity: 3 Years data remains active status in CEIC and is reported by Swiss National Bank. The data is categorized under Global Database’s Switzerland – Table CH.M005: Mortgage Rates.

Graph and download economic data for 30-Year Fixed Rate Conforming Mortgage Index: Loan-to-Value Less Than or Equal to 80, FICO Score Greater Than 740 (OBMMIC30YFLVLE80FGE740) from 2017-01-03 to 2025-03-25 about score, 30-year, fixed, mortgage, rate, indexes, and USA.

Graph and download economic data for 30-Year Fixed Rate USDA Mortgage Index (OBMMIUSDA30YF) from 2017-01-03 to 2025-03-26 about USDA, 30-year, fixed, mortgage, rate, indexes, and USA.

This table contains data described by the following dimensions (Not all combinations are available): Geography (1 items: Canada ...).

Switzerland Mortgage Rate: Fixed: by Maturity: 2 Years data was reported at 1.078 % pa in Sep 2018. This records a decrease from the previous number of 1.079 % pa for Aug 2018. Switzerland Mortgage Rate: Fixed: by Maturity: 2 Years data is updated monthly, averaging 1.270 % pa from Jan 2008 (Median) to Sep 2018, with 129 observations. The data reached an all-time high of 4.290 % pa in Jun 2008 and a record low of 1.065 % pa in Aug 2017. Switzerland Mortgage Rate: Fixed: by Maturity: 2 Years data remains active status in CEIC and is reported by Swiss National Bank. The data is categorized under Global Database’s Switzerland – Table CH.M005: Mortgage Rates.

Switzerland Mortgage Rate: Fixed: by Maturity: 1 Year data was reported at 1.089 % pa in Sep 2018. This records an increase from the previous number of 1.086 % pa for Aug 2018. Switzerland Mortgage Rate: Fixed: by Maturity: 1 Year data is updated monthly, averaging 1.410 % pa from Jan 2008 (Median) to Sep 2018, with 129 observations. The data reached an all-time high of 4.200 % pa in Jun 2008 and a record low of 1.068 % pa in Dec 2017. Switzerland Mortgage Rate: Fixed: by Maturity: 1 Year data remains active status in CEIC and is reported by Swiss National Bank. The data is categorized under Global Database’s Switzerland – Table CH.M005: Mortgage Rates.

Chile Mortgage Rate: Mortgage Loan: Endorsable: Term: 1 to 8 Years data was reported at 2.949 % pa in Jan 2018. This records an increase from the previous number of 2.882 % pa for Dec 2017. Chile Mortgage Rate: Mortgage Loan: Endorsable: Term: 1 to 8 Years data is updated monthly, averaging 4.572 % pa from Dec 2000 (Median) to Jan 2018, with 206 observations. The data reached an all-time high of 8.844 % pa in Dec 2000 and a record low of 2.683 % pa in May 2017. Chile Mortgage Rate: Mortgage Loan: Endorsable: Term: 1 to 8 Years data remains active status in CEIC and is reported by Financial Market Commission. The data is categorized under Global Database’s Chile – Table CL.M008: Mortgage Rate.

As of March 2025, the maximum interest rate for 21 to 35-year fixed-rate Flat 35 housing loans with a loan-to-value ratio of 90 percent or less in Japan stood at 3.69 percent. This represented an increase compared to 3.57 percent in December 2024.

Among the factors that influence mortgage interest rates are inflation, economic growth, monetary policies, the bond market, lenders' stability, and the housing market's overall conditions. The mortgage interest rate in Romania fluctuated during the period under observation, with an upward trend from the second quarter of 2017 onwards. The first quarter of 2023 reached the highest value recorded — 7.85 percent; by the third quarter of 2024, it dropped to 6.26 percent.

Mortgage rates increased at a record pace in 2022, with the 10-year fixed mortgage rate doubling between March 2022 and December 2022. With inflation increasing, the Bank of England introduced several bank rate hikes, resulting in higher mortgage rates. In September 2023, the average 10-year fixed rate interest rate reached 5.1 percent. As borrowing costs get higher, demand for housing is expected to decrease, leading to declining market sentiment and slower house price growth. How have the mortgage hikes affected the market? After surging in 2021, the number of residential properties sold declined in 2022, reaching close to 1.3 million. Despite the number of transactions falling, this figure was higher than the period before the COVID-10 pandemic. The falling transaction volume also impacted mortgage borrowing. Between the first quarter of 2023 and the first quarter of 2024, the value of new mortgage loans fell year-on-year for fourth straight quarters in a row. How are higher mortgages affecting homebuyers? Homeowners with a mortgage loan usually lock in a fixed rate deal for two to ten years, meaning that after this period runs out, they need to renegotiate the terms of the loan. Many of the mortgages outstanding were taken out during the period of record-low mortgage rates and have since faced notable increases in their monthly repayment. About five million homeowners are projected to see their deal expire by the end of 2026. About two million of these loans are projected to experience a monthly payment increase of up to 199 British pounds by 2026.