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 **** percent, and by the end of 2023, it had risen to **** percent. The 10-year interest rate was the lowest, at **** percent; the floating and less than one-year interest rates amounted to **** and **** 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.

The benchmark interest rate in Netherlands was last recorded at 4.50 percent. This dataset provides - Netherlands Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Bank Lending Rate in Netherlands decreased to 2.67 percent in May from 2.85 percent in April of 2025. This dataset provides - Netherlands Bank Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2022, interest rates for new mortgages in the Netherlands rose rapidly, after falling to a record-low level in 2021. In September 2023, the average mortgage rate for new loans stood at **** percent, up from **** percent in October 2021. The floating interest rate was the highest, at **** percent.

Key information about Netherlands Long Term Interest Rate

• Netherlands Long Term Interest Rate: Month Avg: Netherlands: ECB Harmonised was reported at 2.63 % pa in Feb 2025, compared with 2.73 % pa in the previous month.
• Netherlands Long Term Interest Rate data is updated monthly, available from Apr 1986 to Feb 2025.
• The data reached an all-time high of 9.21 % pa in Oct 1990 and a record low of -0.55 % pa in Dec 2020.
• Long Term Interest Rate is reported by reported by CEIC Data.

• In the latest reports, Netherlands Short Term Interest Rate: Month End: EURIBOR: 3 Months was reported at -0.57 % pa in Nov 2021.
• The cash rate (Policy Rate: Month End: Main Refinancing Operations) was set at 2.90 % pa in Feb 2025.
• Netherlands Exchange Rate against USD averaged 0.92 (USD/EUR) in Jun 2023.

Mortgage rates in the Netherlands increased sharply in 2022 and 2023, after declining gradually between 2008 and 2021. In December 2021, 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. In May 2025, mortgage rates decreased slightly, falling to 3.52 percent on average. Mortgages with a 10-year fixed rate were the most affordable, at 2.96 percent. 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.

Interest rates on SME loans in late 2024 and beginning of 2025 converged a lot. While in previous years, the rates varied a lot depending on the size of the loan, those differences were significantly smaller by April 2025. Loans of over one million have had the lowest interest rates in the past couple of years, but in 2009 they reached a peak at over **** percent. SMEs, or mkb (an abbreviation of midden- en kleinbedrijf) in Dutch, are a big provider for the economy in the Netherlands, as they are the second-largest type of business enterprise present in the country.

Business credit interest rate, percent in the Netherlands, December, 2024 The most recent value is 3.75 percent as of December 2024, a decline compared to the previous value of 3.78 percent. Historically, the average for the Netherlands from January 2003 to December 2024 is 3.38 percent. The minimum of 1.58 percent was recorded in May 2022, while the maximum of 5.64 percent was reached in October 2008. | TheGlobalEconomy.com

This statistic shows the average interest rate for new mortgages in the Netherlands with an initial rate fixation over ten years from 2006 to 2017. In 2017, the interest rate reached an average of **** percent. This was the lowest value reached since 2006.

Average mortgage interest; highest and lowest interest rates Data available: annual figures from 1993, monthly figures from 1994. Discontinued; There will be no more updates. Info service: http://www.cbs.nl/infoservice. Copyright (c) Statistics Netherlands. Reproduction is permitted, provided Statistics Netherlands is cited as the source.

Netherlands - Housing cost overburden rate: Owner, no outstanding mortgage or housing loan was 2.50% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Netherlands - Housing cost overburden rate: Owner, no outstanding mortgage or housing loan - last updated from the EUROSTAT on May of 2025. Historically, Netherlands - Housing cost overburden rate: Owner, no outstanding mortgage or housing loan reached a record high of 4.80% in December of 2010 and a record low of 2.20% in December of 2020.

The quarterly interest rate for outstanding mortgages in the Netherlands with a maturity less than one year stood at **** percent in the fourth quarter of 2021. This was approximately *** percent lower than the corresponding quarter in 2020.

Netherlands - Overcrowding rate: Owner, no outstanding mortgage or housing loan was 1.90% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Netherlands - Overcrowding rate: Owner, no outstanding mortgage or housing loan - last updated from the EUROSTAT on July of 2025. Historically, Netherlands - Overcrowding rate: Owner, no outstanding mortgage or housing loan reached a record high of 2.70% in December of 2023 and a record low of 0.30% in December of 2011.

The monthly interest rate for outstanding mortgages in the Netherlands rose sharply in 2022, after reaching an all-time low. In **************, the interest rate on outstanding mortgages stood at **** percent, up from **** percent in *********. Mortgages with maturity under one year had the highest mortgage rate at **** percent.

Mortgage credit interest rate, percent in Pays-Bas, mars, 2025 Pour cet indicateur, Netherlands Bank fournit des données pour la Pays-Bas de janvier 2003 à mars 2025. La valeur moyenne pour Pays-Bas pendant cette période était de 3.98 pour cent avec un minimum de 2.25 pour cent en juin 2022 et un maximum de 5.65 pour cent en janvier 2003. | TheGlobalEconomy.com

Companies operating in the third-party real estate industry have had to navigate numerous economic headwinds in recent years, ranging from rising interest rates, spiralling inflation and muted economic growth. Typically, estate agents can earn income via fees and commissions charged to clients, which allows them to protect their operating profit margin from property price fluctuations. Revenue is projected to sink at a compound annual rate of 0.6% over the five years through 2025, including an estimated rise of 1.2% in 2025 to €207.6billion, while the average industry profit margin is forecast to reach 35.1%. Amid spiralling inflation, central banks across Europe ratcheted up interest rates, resulting in borrowing costs skyrocketing in the two years through 2023. In residential markets, elevated mortgage rates combined with tightening credit conditions eventually ate into demand, inciting a drop in house prices. Rental markets performed well when house prices were elevated, being the cheaper alternative for cash-strapped buyers. However, even lessors felt the pinch of rising mortgage rates, forcing them to hoist rent to cover costs and pricing out potential buyers. This led to a slowdown in rental markets in 2023, weighing on revenue growth. However, this have started to turn around in 2025 as interest rates have been falling across Europe in the two years through 2025, reducing borrowing costs for buyers and boosting property transactions. This has helped revenue to rebound slightly in 2025 as estate agents earn commission from property transactions. Revenue is forecast to swell at a compound annual rate of 3.7% over the five years through 2030 to €249.5 billion. Housing prices are recovering in 2025 as fixed-rate mortgages begin to drop and economic uncertainty subsides, aiding revenue growth in the short term. Over the coming years, Proptech, which has been heavily invested in, will force estate agents to adapt, shaking up the traditional real estate industry. A notable application of Proptech is the use of AI and data analytics to predict a home’s future value and speed up the process of retrofitting properties to become more sustainable.

Netherlands - Severe housing deprivation rate: Owner, with mortgage or loan was 0.60% in December of 2023, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Netherlands - Severe housing deprivation rate: Owner, with mortgage or loan - last updated from the EUROSTAT on June of 2025. Historically, Netherlands - Severe housing deprivation rate: Owner, with mortgage or loan reached a record high of 0.60% in December of 2023 and a record low of 0.00% in December of 2006.

The Direct Real Estate Activities industry have come up against numerous headwinds in recent years, ranging from the COVID-19 outbreak in 2020 to the high base rate environment in the years since, which has inflated borrowing costs for potential buyers. This is a sharp contrast to the ultra-low interest environment seen over the decade following the 2008 financial crisis. Still, revenue is forecast to edge upwards at a compound annual rate of 0.6% over the five years through 2025 to €622.9 billion, including an anticipated rise of 0.8% in 2025. Despite weak revenue growth, profitability remains strong, with the average industry profit margin standing at an estimated 18.9% in 2025. Central banks across Europe adopted aggressive monetary policy in the two years through 2023 in an effort to curb spiralling inflation. This ratcheted up borrowing costs and hit the real estate sector. In the residential property market, mortgage rates picked up and hit housing transaction levels. However, the level of mortgage rate hikes has varied across Europe, with the UK experiencing the largest rise, meaning the dent to UK real estate demand was more pronounced. Commercial real estate has also struggled due to inflationary pressures, supply chain disruptions and rising rates. Alongside this, the market’s stock of office space isn’t able to satisfy business demand, with companies placing a greater emphasis on high-quality space and environmental impact. Properties in many areas haven't been suitable due to their lack of green credentials. Nevertheless, things are looking up, as interest rates have been falling across Europe over the two years through 2025, reducing borrowing costs and boosting the number of property transactions, which is aiding revenue growth for estate agents. Revenue is slated to grow at a compound annual rate of 4.5% over the five years through 2030 to €777.6 billion. Economic conditions are set to improve in the short term, which will boost consumer and business confidence, ramping up the number of property transactions in both the residential and commercial real estate markets. However, estate agents may look to adjust their offerings to align with the data centre boom to soak up the demand from this market, while also adhering to sustainability commitments.

The value of new mortgage lending in the Netherlands decreased for a fifth month in a row in August 2022, reaching approximately **** billion euros. Compared to the same month the previous year, this was a decrease of approximately ** percent. The housing market in the Netherlands has started to cool down, as interest rates rise in response to the growing inflation.

This statistic shows the changes in outstanding mortgage debt in the Netherlands between 2010 and 2016, by mortgage provider (in billion euros). Between 2010 and 2016, the market shares of insurance companies and pension funds in the mortgage lending market have increased. This at the expense of banks.

In recent years, the European real estate market has blossomed and attracted investors from all around the world. With artificially low interest rates due to the European Central Bank's (ECB) monetary policy, buying stocks is deemed too risky and bonds have become relatively expensive. Within this environment of low interest rates and high risks, investors look into real estate for safety and yield.