100+ datasets found
  1. Mortgage interest rates in selected countries worldwide 2024

    • statista.com
    • ai-chatbox.pro
    Updated Jun 20, 2025
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    Statista (2025). Mortgage interest rates in selected countries worldwide 2024 [Dataset]. https://www.statista.com/statistics/1211807/mortgage-interest-rates-globally-by-country/
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    Dataset updated
    Jun 20, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jun 2024
    Area covered
    Worldwide
    Description

    Mortgage interest rates worldwide varied greatly in 2024, from less than **** percent in many European countries, to as high as ** percent in Turkey. The average mortgage rate in a country depends on the central bank's base lending rate and macroeconomic indicators such as inflation and forecast economic growth. Since 2022, inflationary pressures have led to rapid increase in mortgage interest rates. Which are the leading mortgage markets? An easy way to estimate the importance of the mortgage sector in each country is by comparing household debt depth, or the ratio of the debt held by households compared to the county's GDP. In 2023, Switzerland, Australia, and Canada had some of the highest household debt to GDP ratios worldwide. While this indicator shows the size of the sector relative to the country’s economy, the value of mortgages outstanding allows to compare the market size in different countries. In Europe, for instance, the United Kingdom, Germany, and France were the largest mortgage markets by outstanding mortgage lending. Mortgage lending trends in the U.S. In the United States, new mortgage lending soared in 2021. This was largely due to the growth of new refinance loans that allow homeowners to renegotiate their mortgage terms and replace their existing loan with a more favorable one. Following the rise in interest rates, the mortgage market cooled, and refinance loans declined.

  2. T

    MORTGAGE RATE by Country in EUROPE/1000

    • tradingeconomics.com
    csv, excel, json, xml
    Updated Jan 11, 2024
    + more versions
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    MORTGAGE RATE by Country in EUROPE/1000 [Dataset]. https://tradingeconomics.com/country-list/mortgage-rate?continent=europe/1000
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    csv, xml, excel, jsonAvailable download formats
    Dataset updated
    Jan 11, 2024
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    2025
    Area covered
    Europe
    Description

    This dataset provides values for MORTGAGE RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

  3. Mortgage interest rates APAC 2024, by country

    • statista.com
    Updated Sep 11, 2024
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    Statista (2024). Mortgage interest rates APAC 2024, by country [Dataset]. https://www.statista.com/statistics/1289978/apac-mortgage-interest-rates-by-country/
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    Dataset updated
    Sep 11, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2024
    Area covered
    Asia–Pacific
    Description

    Among the reported Asia-Pacific countries, South Korea had the lowest mortgage interest rate of 4.16 percent as of December 2023. New Zealand and Australia had the next lowest mortgage interest rates, at 7.59 and 7.81 percent, respectively, as of January 2024.

  4. É

    Mortgage credit interest rate around the world | TheGlobalEconomy.com

    • fr.theglobaleconomy.com
    • theglobaleconomy.com
    csv, excel, xml
    Updated Jul 13, 2024
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    Globalen LLC (2024). Mortgage credit interest rate around the world | TheGlobalEconomy.com [Dataset]. fr.theglobaleconomy.com/rankings/mortgage_interest_rate/
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    xml, excel, csvAvailable download formats
    Dataset updated
    Jul 13, 2024
    Dataset authored and provided by
    Globalen LLC
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    2025
    Area covered
    Monde
    Description

    The mortgage credit interest rate is the average interest rate on mortgage loan products offered to individuals and households by the commercial banks in the country. The mortgage credit is a loan used to finance the purchase of real estate. The table shows the latest available data from the national authorities as well as the values from three months ago and one year ago. The data are updated continuously.

  5. Average mortgage interest rate in Europe 2020-2024, by country

    • statista.com
    • ai-chatbox.pro
    Updated May 7, 2025
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    Statista (2025). Average mortgage interest rate in Europe 2020-2024, by country [Dataset]. https://www.statista.com/statistics/615037/mortgage-interest-rate-europe/
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    Dataset updated
    May 7, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Europe
    Description

    Mortgage interest rates in Europe soared in 2022 and remained elevated in the following two years. In many countries, this resulted in interest rates more than doubling. In the UK, the average mortgage interest rate rose from **** percent in 2020 to **** percent in 2023, before falling to **** in 2024. Why did mortgage interest rates increase? Mortgage rates have risen as a result of the European Central Bank (ECB) interest rate increase. The ECB increased its interest rates to tackle inflation. As inflation calms, the ECB is expected to cut rates, which allows mortgage lenders to reduce mortgage interest rates. What is the impact of interest rates on home buying? Lower interest rates make taking out a housing loan more affordable, and thus, encourage homebuying. That can be seen in many countries across Europe: In France, the number of residential properties sold rose in the years leading up to 2021, and fell as interest rates increased. The number of houses sold in the UK followed a similar trend.

  6. T

    INTEREST RATE by Country in EUROPE

    • tradingeconomics.com
    csv, excel, json, xml
    Updated Jul 12, 2025
    + more versions
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    TRADING ECONOMICS (2025). INTEREST RATE by Country in EUROPE [Dataset]. https://tradingeconomics.com/country-list/interest-rate?continent=europe
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    csv, excel, json, xmlAvailable download formats
    Dataset updated
    Jul 12, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    2025
    Area covered
    Europe
    Description

    This dataset provides values for INTEREST RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

  7. T

    30 YEAR MORTGAGE RATE by Country Dataset

    • tradingeconomics.com
    csv, excel, json, xml
    Updated Jun 1, 2023
    + more versions
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    TRADING ECONOMICS (2023). 30 YEAR MORTGAGE RATE by Country Dataset [Dataset]. https://tradingeconomics.com/country-list/30-year-mortgage-rate
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    csv, excel, xml, jsonAvailable download formats
    Dataset updated
    Jun 1, 2023
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    2025
    Area covered
    World
    Description

    This dataset provides values for 30 YEAR MORTGAGE RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

  8. Mortgage rates by quarter in Europe 2012-2024, by country

    • statista.com
    Updated Jun 26, 2025
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    Statista (2025). Mortgage rates by quarter in Europe 2012-2024, by country [Dataset]. https://www.statista.com/statistics/1172629/mortgage-rates-per-country-in-europe-per-quarter/
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    Dataset updated
    Jun 26, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Europe
    Description

    The average mortgage interest rate decreased in nearly every country in Europe between 2012 and 2021, followed by an increase in response to inflation. In the fourth quarter of 2024, Poland, Hungary, and Romania topped the ranking as the countries with the highest mortgage interest rates in Europe. Conversely, Belgium, Spain, and Italy displayed the lowest interest rates. The UK, which is the country with the largest value of mortgages outstanding, had an interest rate of **** percent.

  9. Mortgage interest rates Africa 2022, by country

    • statista.com
    Updated Jun 12, 2023
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    Statista (2023). Mortgage interest rates Africa 2022, by country [Dataset]. https://www.statista.com/statistics/789843/mortgage-interest-rates-africa-by-country/
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    Dataset updated
    Jun 12, 2023
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2022
    Area covered
    Africa
    Description

    Libya registered the lowest mortgage interest rate in South Africa in 2022, at five percent. At the other end of the scale was Zimbabwe, where the prevailing mortgage rate was 50 percent. In Ghana, the second to last country in the ranking, interest rates on housing loans averaged 26 percent.

  10. Average mortgage rates for selected European countries in 2023

    • statista.com
    Updated Jul 9, 2025
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    Statista (2025). Average mortgage rates for selected European countries in 2023 [Dataset]. https://www.statista.com/statistics/739571/average-mortgage-rate-by-country-europe/
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    Dataset updated
    Jul 9, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2023
    Area covered
    Europe
    Description

    In 2023, the average mortgage rates in European countries varied from *** percent in Bulgaria to over eight percent in Hungary. The mortgage rate for a home purchase is decided depending on the individual situation of the homebuyer, their credit history, and income, but they also follow macro determinants including the base lending rate, inflation, economic growth, and the health of the housing market. Starts, completions and prices The supply of new housing varies in different countries in Europe. In 2023, the number of new housing units completed per 1,000 citizens was between *** and seven, with this number varying greatly in different countries. Ireland and Poland were among the countries with most completed housing units. When it comes to housing starts, Ireland tops the ranking. The average transaction price of a new dwelling in 2023 ranged anywhere from roughly ***** euros per square meter to under ***** euros per square meter. Housing stock As the most populous country in Europe, Germany has the largest housing stock. Comparing the number of housing units per 1,000 citizens is an easy way to identify housing shortages. In Greece and the UK, for example, the number of dwellings per 1,000 citizens measured less than ***, compared to Bulgaria and Spain, where it was around ***.

  11. Venezuela Maximum Mortgage Rate: Low

    • ceicdata.com
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    CEICdata.com, Venezuela Maximum Mortgage Rate: Low [Dataset]. https://www.ceicdata.com/en/venezuela/lending-rate/maximum-mortgage-rate-low
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    Dataset provided by
    CEIC Data
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Aug 1, 2013 - Jul 1, 2014
    Area covered
    Venezuela
    Variables measured
    Lending Rate
    Description

    Venezuela Maximum Mortgage Rate: Low data was reported at 9.660 % pa in Jul 2014. This stayed constant from the previous number of 9.660 % pa for Jun 2014. Venezuela Maximum Mortgage Rate: Low data is updated monthly, averaging 11.360 % pa from Jan 1996 (Median) to Jul 2014, with 223 observations. The data reached an all-time high of 63.800 % pa in Sep 1998 and a record low of 8.550 % pa in Aug 2011. Venezuela Maximum Mortgage Rate: Low data remains active status in CEIC and is reported by Central Bank of Venezuela. The data is categorized under Global Database’s Venezuela – Table VE.M003: Lending Rate. Data lag exhibited in the series is caused by the delay of data releases from the Central Bank of Venezuela.

  12. Average lending interest rates in selected countries worldwide 2024

    • statista.com
    Updated Jul 2, 2025
    + more versions
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    Statista (2025). Average lending interest rates in selected countries worldwide 2024 [Dataset]. https://www.statista.com/statistics/1389849/lending-interest-rates-in-selected-countries-worldwide/
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    Dataset updated
    Jul 2, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2024
    Area covered
    Worldwide
    Description

    With average lending interest rates of **** percent in 2024, Switzerland was the country with the lowest cost of borrowing money among the ones selected here. The average lending interest rate in China was **** percent, and in South Korea it was roughly **** percent. The average interest rate in Israel was **** in 2022, the latest available data, but the prime rate charged by banks in that country has increased since then.

  13. T

    INTEREST RATE by Country in AFRICA

    • tradingeconomics.com
    csv, excel, json, xml
    Updated May 27, 2017
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    TRADING ECONOMICS (2017). INTEREST RATE by Country in AFRICA [Dataset]. https://tradingeconomics.com/country-list/interest-rate?continent=africa
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    json, xml, csv, excelAvailable download formats
    Dataset updated
    May 27, 2017
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    2025
    Area covered
    Africa
    Description

    This dataset provides values for INTEREST RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

  14. S

    Spain Mortgage Lending Rate: Over 3 Years: Average: Banks and Savings Banks

    • ceicdata.com
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    CEICdata.com, Spain Mortgage Lending Rate: Over 3 Years: Average: Banks and Savings Banks [Dataset]. https://www.ceicdata.com/en/spain/mortgage-rate/mortgage-lending-rate-over-3-years-average-banks-and-savings-banks
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    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jun 1, 2017 - May 1, 2018
    Area covered
    Spain
    Variables measured
    Lending Rate
    Description

    Spain Mortgage Lending Rate: Over 3 Years: Average: Banks and Savings Banks data was reported at 1.932 % pa in Oct 2018. This records an increase from the previous number of 1.891 % pa for Sep 2018. Spain Mortgage Lending Rate: Over 3 Years: Average: Banks and Savings Banks data is updated monthly, averaging 4.553 % pa from Nov 1990 (Median) to Oct 2018, with 336 observations. The data reached an all-time high of 16.920 % pa in Jan 1991 and a record low of 1.854 % pa in Jul 2018. Spain Mortgage Lending Rate: Over 3 Years: Average: Banks and Savings Banks data remains active status in CEIC and is reported by Bank of Spain. The data is categorized under Global Database’s Spain – Table ES.M009: Mortgage Rate.

  15. Panama Lending Rate: Local Banks: Mortgage: Reference

    • ceicdata.com
    Updated Mar 15, 2018
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    CEICdata.com (2018). Panama Lending Rate: Local Banks: Mortgage: Reference [Dataset]. https://www.ceicdata.com/en/panama/lending-rate/lending-rate-local-banks-mortgage-reference
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    Dataset updated
    Mar 15, 2018
    Dataset provided by
    CEIC Data
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jun 1, 2022 - Mar 1, 2025
    Area covered
    Panama
    Variables measured
    Lending Rate
    Description

    Panama Lending Rate: Local Banks: Mortgage: Reference data was reported at 6.250 % pa in Jun 2025. This stayed constant from the previous number of 6.250 % pa for Mar 2025. Panama Lending Rate: Local Banks: Mortgage: Reference data is updated quarterly, averaging 7.000 % pa from Sep 1985 (Median) to Jun 2025, with 160 observations. The data reached an all-time high of 13.250 % pa in Mar 1991 and a record low of 5.250 % pa in Mar 2018. Panama Lending Rate: Local Banks: Mortgage: Reference data remains active status in CEIC and is reported by Superintendency of Banks of Panama. The data is categorized under Global Database’s Panama – Table PA.M003: Lending Rate.

  16. Mortgage interest rate in Portugal Q1 2013-Q3 2024

    • statista.com
    • ai-chatbox.pro
    Updated Jun 19, 2025
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    Statista (2025). Mortgage interest rate in Portugal Q1 2013-Q3 2024 [Dataset]. https://www.statista.com/statistics/615018/mortgage-interest-rate-portugal-europe/
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    Dataset updated
    Jun 19, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Portugal
    Description

    In 2022, Portugal overturned the sinking mortgage interest rate it had gone through during the coronavirus (COVID-19) pandemic. The country did not escape from the overall trend of falling mortgage interest rates observed in Europe during the COVID-19 crisis, which positioned national mortgage interest rates at **** percent in the fourth quarter of 2021. Interest rates as a weapon against inflation Even though interest rates are affected by economic growth, monetary policies, the bond market, the stability of lenders, and the overall conditions of the housing market, inflation currently leads the European Central Bank (ECB)’s decisions regarding them. As inflation had been low in Europe since the 2008 financial crisis, the ECB lowered interest rates in an attempt to promote economic growth. However, the economic difficulties brought up by the coronavirus pandemic and the Russian-Ukrainian war have fueled inflation. To counteract this rise, the ECB increased interest rates. Portugal’s abrupt rise in interest rates on new residential loans from **** percent in 2021 to **** percent in 2023 demonstrates the balanced and calculated act between the two financial indices. High interest rates and low mortgage lending Compared to other European nations, Portugal has a low gross residential mortgage lending. In the third and fourth quarters of 2022, mortgage lending decreased in the country due to rising interest rates and worsening economic conditions, but have increased dramatically until 2024. Despite being in a rising trajectory in terms of outstanding residential mortgage lending since the second quarter of 2021, 2023 registered decreasing figures caused by the same economic contingencies. 2024 shows a different trend, however.

  17. M

    Mexico Interest Rates on Household Credit: Mortgage Rate: Minimum

    • ceicdata.com
    Updated Jan 15, 2025
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    CEICdata.com (2025). Mexico Interest Rates on Household Credit: Mortgage Rate: Minimum [Dataset]. https://www.ceicdata.com/en/mexico/household-credit-interest-rates/interest-rates-on-household-credit-mortgage-rate-minimum
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    Dataset updated
    Jan 15, 2025
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Feb 1, 2024 - Jan 1, 2025
    Area covered
    Mexico
    Description

    Mexico Interest Rates on Household Credit: Mortgage Rate: Minimum data was reported at 9.360 % pa in Mar 2025. This stayed constant from the previous number of 9.360 % pa for Feb 2025. Mexico Interest Rates on Household Credit: Mortgage Rate: Minimum data is updated monthly, averaging 10.150 % pa from Dec 2004 (Median) to Mar 2025, with 244 observations. The data reached an all-time high of 12.490 % pa in Jun 2005 and a record low of 7.000 % pa in Oct 2021. Mexico Interest Rates on Household Credit: Mortgage Rate: Minimum data remains active status in CEIC and is reported by Bank of Mexico. The data is categorized under Global Database’s Mexico – Table MX.M006: Household Credit Interest Rates.

  18. Residential Mortgage Loan Market Report | Global Forecast From 2025 To 2033

    • dataintelo.com
    csv, pdf, pptx
    Updated Sep 23, 2024
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    Dataintelo (2024). Residential Mortgage Loan Market Report | Global Forecast From 2025 To 2033 [Dataset]. https://dataintelo.com/report/global-residential-mortgage-loan-market
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    csv, pdf, pptxAvailable download formats
    Dataset updated
    Sep 23, 2024
    Dataset authored and provided by
    Dataintelo
    License

    https://dataintelo.com/privacy-and-policyhttps://dataintelo.com/privacy-and-policy

    Time period covered
    2024 - 2032
    Area covered
    Global
    Description

    Residential Mortgage Loan Market Outlook



    The global residential mortgage loan market size was valued at approximately USD 15 trillion in 2023 and is projected to reach around USD 25 trillion by 2032, growing at a compound annual growth rate (CAGR) of 6.1% over the forecast period. The primary growth drivers for this market include increasing urbanization, rising disposable incomes, and favorable government policies aimed at promoting home ownership.



    One of the most significant factors contributing to the growth of the residential mortgage loan market is urbanization. As more people move to urban areas in search of better opportunities and living conditions, the demand for residential properties has surged. This urban migration has led to a corresponding increase in the demand for mortgage loans, as individuals seek financial assistance to purchase homes. Additionally, the trend of nuclear families is gaining traction, further boosting the demand for residential properties and, consequently, mortgage loans.



    Rising disposable incomes and improved economic conditions have also played a crucial role in the expansion of the residential mortgage loan market. As people earn more, they are more likely to invest in real estate, viewing homeownership as a long-term investment and a means of financial security. Furthermore, low-interest rates on mortgage loans, driven by monetary policies of various countries, have made borrowing more affordable, encouraging more people to take out mortgage loans.



    Government policies and initiatives aimed at promoting homeownership have significantly fueled the growth of the residential mortgage loan market. Many countries offer tax incentives, subsidies, and lower interest rates for first-time homebuyers and low-income groups. Such policies are designed to make homeownership more accessible and affordable, driving the demand for mortgage loans. Additionally, governments are increasingly collaborating with financial institutions to provide affordable housing solutions, further stimulating market growth.



    On a regional level, North America and Europe have traditionally dominated the residential mortgage loan market due to their mature real estate markets and high homeownership rates. However, emerging economies in the Asia Pacific and Latin America regions are witnessing rapid growth in this sector. Factors such as increasing population, urbanization, and rising middle-class incomes are driving the demand for residential mortgage loans in these regions. Moreover, favorable government policies and a growing number of financial institutions offering mortgage products are further contributing to market expansion.



    Type Analysis



    The residential mortgage loan market is segmented by type into fixed-rate mortgages, adjustable-rate mortgages, interest-only mortgages, and others. Fixed-rate mortgages are the most popular type, owing to their stability and predictability. Borrowers prefer fixed-rate mortgages because they offer a consistent monthly payment plan, making it easier for them to budget and plan their finances. This stability is particularly appealing during times of economic uncertainty or fluctuating interest rates.



    Adjustable-rate mortgages (ARMs), on the other hand, offer lower initial interest rates compared to fixed-rate mortgages. However, the rate can fluctuate based on market conditions, which can either be an advantage or a risk for borrowers. ARMs are often chosen by those who plan to sell or refinance their homes before the adjustable period begins. This type of mortgage is popular among borrowers who are willing to take a risk for the potential benefit of lower initial costs.



    Interest-only mortgages allow borrowers to pay only the interest on the loan for a specified period, usually between five to ten years. After this period, the borrower must start paying both the principal and the interest, resulting in higher monthly payments. Interest-only mortgages are typically utilized by investors or those expecting a significant increase in income in the future. This type allows for lower initial payments, providing greater cash flow flexibility in the short term.



    The 'Others' category includes various specialized mortgage products tailored to meet specific borrower needs. These can include reverse mortgages, which allow seniors to convert part of their home equity into cash, and jumbo loans, which cater to borrowers looking to finance luxury homes that exceed conforming loan limits. The diversity in mortgage types ensures that there are suitab

  19. United States Mortgage Fixed Rate: Mth Avg: 30 Year

    • ceicdata.com
    Updated Nov 27, 2021
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    United States Mortgage Fixed Rate: Mth Avg: 30 Year [Dataset]. https://www.ceicdata.com/en/united-states/mortgage-interest-rate/mortgage-fixed-rate-mth-avg-30-year
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    Dataset updated
    Nov 27, 2021
    Dataset provided by
    CEIC Data
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    May 1, 2017 - Apr 1, 2018
    Area covered
    United States
    Variables measured
    Money Market Rate
    Description

    United States Mortgage Fixed Rate: Mth Avg: 30 Year data was reported at 4.870 % pa in Nov 2018. This records an increase from the previous number of 4.830 % pa for Oct 2018. United States Mortgage Fixed Rate: Mth Avg: 30 Year data is updated monthly, averaging 7.635 % pa from Apr 1971 (Median) to Nov 2018, with 572 observations. The data reached an all-time high of 18.450 % pa in Oct 1981 and a record low of 3.350 % pa in Dec 2012. United States Mortgage Fixed Rate: Mth Avg: 30 Year data remains active status in CEIC and is reported by Federal Home Loan Mortgage Corporation, Freddie Mac. The data is categorized under Global Database’s United States – Table US.M012: Mortgage Interest Rate.

  20. Loan interest rates in the euro area 2025, by country and maturity

    • statista.com
    • ai-chatbox.pro
    Updated Mar 28, 2025
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    Statista (2025). Loan interest rates in the euro area 2025, by country and maturity [Dataset]. https://www.statista.com/statistics/1313421/interest-rates-of-loans-in-the-euro-area-by-country-and-maturity/
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    Dataset updated
    Mar 28, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2025
    Area covered
    European Union
    Description

    As of January 2025, Latvia was the euro area country with the highest interest rate for loans. The long-term maturities in that Baltic country were on average over 8.19 percent. Meanwhile, the composite cost for short-term loans in Malta amounted to 3.65 percent, which was the lowest rate in the Eurozone.

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Statista (2025). Mortgage interest rates in selected countries worldwide 2024 [Dataset]. https://www.statista.com/statistics/1211807/mortgage-interest-rates-globally-by-country/
Organization logo

Mortgage interest rates in selected countries worldwide 2024

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2 scholarly articles cite this dataset (View in Google Scholar)
Dataset updated
Jun 20, 2025
Dataset authored and provided by
Statistahttp://statista.com/
Time period covered
Jun 2024
Area covered
Worldwide
Description

Mortgage interest rates worldwide varied greatly in 2024, from less than **** percent in many European countries, to as high as ** percent in Turkey. The average mortgage rate in a country depends on the central bank's base lending rate and macroeconomic indicators such as inflation and forecast economic growth. Since 2022, inflationary pressures have led to rapid increase in mortgage interest rates. Which are the leading mortgage markets? An easy way to estimate the importance of the mortgage sector in each country is by comparing household debt depth, or the ratio of the debt held by households compared to the county's GDP. In 2023, Switzerland, Australia, and Canada had some of the highest household debt to GDP ratios worldwide. While this indicator shows the size of the sector relative to the country’s economy, the value of mortgages outstanding allows to compare the market size in different countries. In Europe, for instance, the United Kingdom, Germany, and France were the largest mortgage markets by outstanding mortgage lending. Mortgage lending trends in the U.S. In the United States, new mortgage lending soared in 2021. This was largely due to the growth of new refinance loans that allow homeowners to renegotiate their mortgage terms and replace their existing loan with a more favorable one. Following the rise in interest rates, the mortgage market cooled, and refinance loans declined.

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