Fixed 30-year mortgage rates in the United States averaged 6.40 percent in the week ending November 21 of 2025. This dataset provides the latest reported value for - United States MBA 30-Yr Mortgage Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The 10-year treasury constant maturity rate in the U.S. is forecast to increase by *** percentage points by 2027, while the 30-year fixed mortgage rate is expected to fall by *** percentage points. From *** percent in 2024, the average 30-year mortgage rate is projected to reach *** percent in 2027.

Due to interest rates decreasing in recent years, mortgages in the United Kingdom have become overall more affordable: In 2007, when mortgages were the least affordable, a home buyer spent on average **** percent of their income on mortgage interest and *** percent on capital repayment. In 2019, the year with the most affordable mortgages, mortgage interest accounted for *** percent and capital repayment was **** percent of their income. As interest rates increase in response to the rising inflation, mortgage affordability is expected to worsen. Though below the levels observed before 2007, the total mortgage repayment between 2022 and 2026 is expected to exceed ** percent of income.

The benchmark interest rate in Sweden was last recorded at 1.75 percent. This dataset provides the latest reported value for - Sweden Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Evaluate Canada’s best mortgage rates in one place. RATESDOTCA’s Rate Matrix lets you compare pricing for all key mortgage types and terms. Rates are based on an average mortgage of $300,000

Mortgage rates surged at an unprecedented pace in 2022, with the average 10-year fixed rate doubling between March and December of that year. In response to mounting inflation, the Bank of England implemented a series of rate hikes, pushing borrowing costs steadily higher. By October 2025, the average 10-year fixed mortgage rate stood at **** percent. As financing becomes more expensive, housing demand has cooled, weighing on market sentiment and slowing house price growth. How have the mortgage hikes affected the market? After surging in 2021, the number of residential properties sold fell significantly in 2023, dipping to just above *** million transactions. This contraction in activity also dampened mortgage lending. Between the first quarter of 2023 and the first quarter of 2024, the value of new mortgage loans declined year-on-year for five consecutive quarters. Even as rates eased modestly in 2024 and housing activity picked up slightly, volumes remained well below the highs recorded in 2021. How are higher mortgages impacting homebuyers? For homeowners, the impact is being felt most acutely as fixed-rate deals expire. Mortgage terms in the UK typically range from two to ten years, and many borrowers who locked in historically low rates are now facing significantly higher repayments when refinancing. By the end of 2026, an estimated five million homeowners will see their mortgage deals expire. Roughly two million of these loans are projected to experience a monthly payment increase of up to *** British pounds by 2026, putting additional pressure on household budgets and constraining affordability across the market.

The benchmark interest rate in China was last recorded at 3 percent. This dataset provides the latest reported value for - China Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Latin America Home Mortgage Finance Market size was valued at USD 55 Billion in 2024 and is expected to reach USD 69.5 Billion by 2032, growing at a CAGR of 3% from 2026-2032.

Latin America Home Mortgage Finance Market Drivers

Rapid Urban Growth: Latin America has experienced significant urbanization, leading to a surge in demand for housing in urban centers. This drives the need for mortgage financing to facilitate homeownership.

Housing Deficit: Many countries in the region face a substantial housing deficit, particularly for low- and middle-income families. This creates a large potential market for mortgage products.

Housing Subsidies: Government programs that provide housing subsidies or incentives can stimulate demand for mortgage financing

Mortgage Market Regulations: Clear and stable mortgage market regulations create a favorable environment for lenders and borrowers.

Rates have been trending downward in Canada for the last five years. The ebbs and flows are caused by changes in Canada’s bond yields (driven by Canadians economic developments and international rate movements, particularly U.S. rate fluctuations) and the overnight rate (which is set by the Bank of Canada). As of August 2022, there has been a 225 bps increase in the prime rate, since beginning of year 2022, from 2.45% to 4.70% as of Aug 24th 2022. The following are the historical conventional mortgage rates offered by the 6 major chartered banks in Canada in the past 20 years.

The benchmark interest rate in Canada was last recorded at 2.25 percent. This dataset provides - Canada Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The benchmark interest rate in Norway was last recorded at 4 percent. This dataset provides the latest reported value for - Norway Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Mortgage Application in the United States increased by 0.20 percent in the week ending November 21 of 2025 over the previous week. This dataset provides - United States MBA Mortgage Applications - actual values, historical data, forecast, chart, statistics, economic calendar and news.

China Home Loan Market size was valued at USD 37.8 Trillion in 2024 and is projected to reach USD 59 Trillion by 2032, growing at a CAGR of 5.7 % from 2026 to 2032. The China home loan market is primarily driven by rapid urbanization, rising disposable incomes, and supportive government policies. As more people migrate to cities, the demand for housing increases, leading to a surge in mortgage financing. Government initiatives, such as reduced down payments and lower mortgage rates, have made homeownership more accessible, further fueling market growth.​ Additionally, the digitalization of mortgage services has streamlined the loan approval process, enhancing customer experience and attracting more borrowers. The growing middle class, with higher income levels, is increasingly investing in property, contributing to the expansion of the home loan market. These factors collectively create a robust environment for the continued growth of China's home loan sector.

Europe Home Mortgage Finance Market was valued at $ 1.85 Trn in 2024 and is projected to reach $ 2.73 Trn by 2032, growing at a CAGR of 5.7% from 2026-2032.Europe Home Mortgage Finance Market Definition/ OverviewHome mortgage finance is a loan offered by financial institutions to individuals to purchase residential homes. Borrowers repay the loan with interest over a certain period while using their home as collateral. It promotes homeownership by spreading expenditures over time, making real estate more affordable. Mortgage options include fixed-rate, adjustable-rate, and government-backed loans.Home mortgage financing is commonly used to purchase homes, refinance existing loans, and pay repairs. It enables individuals to purchase property without making full upfront payments, boosting financial stability. Lenders evaluate credit ratings, income, and debt-to-income ratios before approving. Mortgage financing is also used by businesses and investors to purchase rental properties, boosting potential for long-term capital creation and portfolio diversification.The future of residential mortgage financing will be driven by digital lending platforms, blockchain-based transactions, and AI-powered credit assessments. Sustainable mortgages promoting energy-efficient housing will gain traction. Government initiatives may enhance affordability, especially for first-time buyers. With evolving financial technology, mortgage approval and management will become more streamlined, improving accessibility and reducing processing time for borrowers.

The benchmark interest rate in Mexico was last recorded at 7.25 percent. This dataset provides - Mexico Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Qatar Mortgage/Loan Brokers Market size was valued at USD 18.2 Billion in 2024 and is projected to reach USD 28.5 Billion by 2032, growing at a CAGR of 5.78% during the forecast period 2026-2032.

Qatar Mortgage/Loan Brokers Market Drivers

1. Government Programs and Regulations National Vision 2030: Real estate investment and homeownership are promoted by Qatar's long-term economic policy.

Housing Support Programs: Demand for loan brokerage services is increased by government-backed mortgage programs, particularly for citizens.

Regulatory Reforms: The Qatar Central Bank's (QCB) simplified lending rules improve accessibility and transparency.

1. Infrastructure Expansion and Real Estate Market Growth: The need for housing is driven by significant projects like Lusail City, The Pearl, and FIFA World Cup 2022 legacy developments.

Foreign Investment: Mortgage brokerage activities have increased as a result of new rules that permit foreigners to own real estate in specific areas.

1. An environment with low interest rates Broker-assisted mortgage transactions increase when house loans are made more appealing through competitive lending rates and flexible financing alternatives.

Japan Mortgage/Loan Brokers Market size was valued at USD 82.3 Billion in 2024 and is projected to reach USD 118.5 Billion by 2032, growing at a CAGR of 4.65 % from 2026 to 2032. The Japan Mortgage/Loan Brokers Market is driven by low interest rates, a strong urban housing demand, and government incentives for homeownership. Aging demographics and a shrinking workforce also fuel demand for refinancing and reverse mortgages, while digitalization streamlines loan approvals and brokerage services. Rising foreign investments in real estate and increased competition among lenders are further shaping the market. Additionally, regulatory shifts, such as policies on housing affordability and financial transparency, influence brokerage operations and market dynamics.

The number of home sales in the United States peaked in 2021 at almost ************* after steadily rising since 2018. Nevertheless, the market contracted in the following year, with transaction volumes falling to ***********. Home sales remained muted in 2024, with a mild increase expected in 2025 and 2026. A major factor driving this trend is the unprecedented increase in mortgage interest rates due to high inflation. How have U.S. home prices developed over time? The average sales price of new homes has also been rising since 2011. Buyer confidence seems to have recovered after the property crash, which has increased demand for homes and also the prices sellers are demanding for homes. At the same time, the affordability of U.S. homes has decreased. Both the number of existing and newly built homes sold has declined since the housing market boom during the coronavirus pandemic. Challenges in housing supply The number of housing units in the U.S. rose steadily between 1975 and 2005 but has remained fairly stable since then. Construction increased notably in the 1990s and early 2000s, with the number of construction starts steadily rising, before plummeting amid the infamous housing market crash. Housing starts slowly started to pick up in 2011, mirroring the economic recovery. In 2022, the supply of newly built homes plummeted again, as supply chain challenges following the COVID-19 pandemic and tariffs on essential construction materials such as steel and lumber led to prices soaring.

The U.S. mortgage market has declined notably since 2020 and 2021, mostly due to the effect of higher borrowing costs on refinance mortgages. The value of refinancing mortgage originations amounted to 112 billion U.S. dollars in the first quarter of 2025, down from a peak of 851 billion U.S. dollars in the fourth quarter of 2020. The value of mortgage loans for the purchase of a property recorded milder fluctuations, with a value of 272 billion U.S. dollars in the first quarter of 2025. According to the forecast, mortgage lending is expected to slightly increase until the end of 2026. The cost of mortgage borrowing in the U.S. Mortgage interest rates in the U.S. rose dramatically in 2022, peaking in the final quarter of 2024. In 2020, a homebuyer could lock in a 30-year fixed interest rate of under three percent, whereas in 2024, the average rate for the same mortgage type exceeded 6.6 percent. This has led to a decline in homebuyer sentiment and an increasing share of the population pessimistic about buying a home in the current market. The effect of a slower housing market on property prices and rents According to the S&P/Case Shiller U.S. National Home Price Index, housing prices experienced a slight correction in early 2023, as property transactions declined. Nevertheless, the index continued to grow in the following months. On the other hand, residential rents have increased steadily since 2000.

India Home Loan Market size is expected to develop revenue and exponential market growth at a remarkable CAGR during the forecasted period i.e. 2026 to 2032.

India Home Loan Market Drivers

India's residential property market has witnessed substantial growth in recent years, with increasing demand for homes in both urban and rural areas. This buoyancy directly fuels the need for home loans.

Pradhan Mantri Awas Yojana (PMAY): This flagship scheme aims to provide affordable housing for all, offering subsidies on interest rates for eligible beneficiaries across various income groups (EWS, LIG, MIG). Both urban (PMAY-U) and rural (PMAY-G) components drive home loan demand.

Credit Linked Subsidy Scheme (CLSS): As a component of PMAY, CLSS provides interest subsidies on home loans, making homeownership more affordable.

Tax Benefits: The Indian government offers tax deductions on both the principal and interest components of home loan repayments, reducing the overall cost of ownership.

Affordable Housing Fund (AHF): Established under the National Housing Bank (NHB), AHF supports affordable housing for economically weaker sections and lower-income groups by providing low-cost funding and interest subsidies.