Santander was the bank that offered the lowest interest rate for mortgage loans in Mexico in 2023. In January that year, the lowest annual interest rate offered by this bank amounted to **** percent. Banorte and Afirme were the two other banks that offered interest rates below ** percent. What are the mortgage rates in other countries worldwide? Mortgage interest rates vary widely across different countries, with some of the most attractive rates found in Europe. Mortgage rates have generally increased since 2021 because of rising inflation. That can clearly be seen in the development of mortgage rates in the United States, where interest rates more than doubled in just two years. How much does buying a home in Mexico cost? The average price of a home in Mexico was about *** million Mexican pesos in 2023, but in Mexico City, this figure was almost twice higher. Tamaulipas, Tlaxcala, and Durango were among the states where housing was least expensive.

Key information about Mexico Bank Lending Rate

• Mexico Bank Lending Rate was reported at 7.410 % pa in Jan 2026.
• This records a decrease from the previous number of 7.700 % pa for Dec 2025.
• Mexico Bank Lending Rate data is updated monthly, averaging 5.550 % pa from Sep 1993 to Jan 2026, with 389 observations.
• The data reached an all-time high of 91.970 % pa in Apr 1995 and a record low of 3.290 % pa in Sep 2014.
• Mexico Bank Lending Rate data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Bank Lending Rate: Monthly.

The International Monetary Fund provides monthly Bank Lending Rate.

The benchmark interest rate in Mexico was last recorded at 6.75 percent. This dataset provides - Mexico Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Lending interest rate (%) in Mexico was reported at 11.22 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Mexico - Lending interest rate - actual values, historical data, forecasts and projections were sourced from the World Bank on April of 2026.

Discover the booming Mexico Home Equity Loan market! This in-depth analysis reveals a CAGR exceeding 5%, driven by rising homeownership and diverse loan options. Explore key players, market trends, and growth projections for 2025-2033. Learn about fixed-rate loans, HELOCs, and the top financial institutions in Mexico's thriving home equity lending sector. Recent developments include: On August 2022, Rocket Mortgage, Mexico's largest mortgage lender and a part of Rocket Companies introduced a home equity loan to give Americans one more way to pay off debt that has risen along with inflation. Detroit-based Rocket Mortgage is enabling the American Dream of homeownership and financial freedom through its obsession with an industry-leading, digital-driven client experience, On February 2023, Guild Mortgage, a growth-oriented mortgage lending company originating and servicing residential loans since 1960, increased its Southwest presence with the acquisition of Legacy Mortgage, an independent New Mexico-based lender. With this acquisition, the Legacy Mortgage team can offer borrowers a broader range of purchase and refinance loan options, including FHA, VA, USDA, down payment assistance programs, and other specialized loan programs.. Key drivers for this market are: Rise in the price of Housing Units increasing Home Equity loan demand by borrower, Decline in Inflation and lending interest rate reducing lender risk. Potential restraints include: Rise in the price of Housing Units increasing Home Equity loan demand by borrower, Decline in Inflation and lending interest rate reducing lender risk. Notable trends are: Financial And Socioeconomic Factors Favouring The Market.

Weekly aggregated average mortgage rates for 30-year fixed, 15-year fixed, 30-year jumbo, 15-year jumbo, 5/1 ARM, and 5/1 jumbo ARM loan products in Mexico, PA, Pennsylvania, tracked across our database of 8,500+ banks and credit unions.

Mexico Interest Rates on Household Credit: Mortgage Rate: Minimum data was reported at 9.000 % pa in Feb 2026. This records a decrease from the previous number of 9.990 % pa for Jan 2026. Mexico Interest Rates on Household Credit: Mortgage Rate: Minimum data is updated monthly, averaging 8.950 % pa from Dec 2004 (Median) to Feb 2026, with 255 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.M: Household Credit Interest Rates.

The table below showcases the 10th, 25th, 50th, 75th, and 90th percentiles of mortgage rates for each zip code in Mexico, Missouri. It's important to understand that mortgage rates can vary greatly and can change yearly.

The table below showcases the 10th, 25th, 50th, 75th, and 90th percentiles of mortgage rates for each zip code in Mexico, New York. It's important to understand that mortgage rates can vary greatly and can change yearly.

The number of new mortgage loans granted in Mexico has declined in the past decade, despite some fluctuations. In 2024, approximately ******* mortgage loans were granted, down from ******* reported during the market peak in 2008.

Key information about Mexico Short Term Interest Rate

• Mexico Interbank Equilibrium Interest Rate: 91 Days TIIE: Month End was reported at 7.07 % pa in Mar 2026, compared with 7.35 % pa in the previous month.
• Mexico Short Term Interest Rate data is updated monthly, available from Jan 1997 to Mar 2026.
• The data reached an all-time high of 40.35 % pa in Sep 1998 and a record low of 3.29 % pa in Jan 2015.
• Short Term Interest Rate is reported by reported by Bank of Mexico.

Related information about Mexico Short Term Interest Rate

• In the latest reports, Mexico UDIBONOS Average Yield: 10 Years was reported at 4.41 % pa in Mar 2026.
• The cash rate (Policy Rate: Month End: Overnight Target Rate) was set at 6.75 % pa in Mar 2026.
• Mexico Exchange Rate against USD averaged 18.42 (USD/MXN) in Oct 2025.

Deposit Interest Rate in Mexico decreased to 1.61 percent in February from 1.71 percent in January of 2026. This dataset includes a chart with historical data for Deposit Interest Rate in Mexico.

Mexico Home Equity Lending Market size was valued at USD 30.88 Billion in 2024 and is projected to reach USD 33.3 Billion by 2032, growing at a CAGR of 5.4% from 2025 to 2032.

Mexico Home Equity Lending Market: Definition/ Overview

Home equity lending enables homeowners to borrow against the value of their property, offering access to funds through fixed-rate loans or home equity lines of credit (HELOCs). These loans use the home as collateral, making them a secured form of borrowing. Homeowners often utilize home equity loans for renovations, debt consolidation, or major financial needs. Lenders determine eligibility based on factors like credit history, income, and loan-to-value (LTV) ratio, ensuring borrowers meet the necessary financial criteria.

Market conditions, including interest rates, real estate trends, and regulatory policies, play a crucial role in shaping home equity lending.

In 2023, BBVA concentrated roughly ** percent of the loans granted in Mexico. BBVA had an even bigger market share in the mortgages segment. Meanwhile, Banorte's was the second organization in the ranking, with almost ** percent of all lending. In 2024, Banorte ranked among the most valuable banking brands in Latin America.

Mexico Home Equity Lending Market is segmented by type (Fixed rate loans and home equity lines of credit), by Service Providers (Commercial banks, Financial Institutions, Credit Unions, and other creditors), and by Mode (Online and Offline). The report offers market size and values in (USD million) during the forecasted years for the above segments.

Compare the best auto loan rates in Mexico, New York (NY). Find low APRs for new and used car loans from top local banks and credit unions.

Mexico's housing market demonstrates significant regional price variations, with Mexico City emerging as the most expensive area for residential property in the third quarter of 2025. The capital city's average house price of 3.93 million Mexican pesos far exceeds the national average of 1.86 million pesos, highlighting the stark contrast in property values across the country. This disparity reflects broader economic and demographic trends shaping Mexico's real estate landscape. Sustained growth in housing prices The Mexican housing market has experienced substantial growth over the past decade, with home prices more than doubling since 2010. By the second quarter of 2025, the nominal house price index reached 287 points, representing a 187 percent increase from the baseline year. Even when adjusted for inflation, the real house price index showed a notable 50 percent growth, underscoring the market's resilience and attractiveness to investors. The mortgage market is dominated by three main player types: Infonavit, Fovissste, and commercial banks including Sofomes. In 2023, Infonavit, a scheme by Mexico's National Housing Fund Institute which provides lending to workers in the formal sector, was responsible for the majority of mortgages granted to individuals. Challenges in mortgage lending Despite the overall growth in housing prices, Mexico's mortgage market has faced challenges in recent years. The number of new mortgage loans granted has declined over the past decade, falling by approximately 200,000 loans between 2008 and 2023. This decrease in lending activity may be attributed to various factors, including economic uncertainties and changing consumer preferences. The state of Mexico, which is home to 13 percent of the country's population, likely plays a significant role in shaping these trends given its large demographic influence on the national housing market.

Key information about Mexico Total Loans

• Mexico Total Loans was reported at 552.921 USD bn in Feb 2026
• This records an increase from the previous number of 545.306 USD bn for Jan 2026
• Mexico Total Loans data is updated monthly, averaging 258.726 USD bn from Dec 2000 to Feb 2026, with 303 observations
• The data reached an all-time high of 552.921 USD bn in Feb 2026 and a record low of 94.386 USD bn in Jun 2002
• Mexico Total Loans data remains active status in CEIC and is reported by CEIC Data
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Total Loans: USD: Monthly

CEIC calculates monthly Total Loans as the sum of loans from Commercial Banks and Development Banks, and converts it into USD. The Bank of Mexico provides loans from Commercial Banks and Development Banks in local currency based on 2018 Methodology. The Federal Reserve Board period end market exchange rate is used for currency conversions. Total Loans cover lenders as Commercial Banks and Development Banks. Total Loans prior to January 2009 is based on Dec 2000 Methodology.

Personal loans in Mexico averaged at ***** U.S. dollars per person in 2023, which amounts to an increase of *** U.S. dollars in comparison to the previous year. Meanwhile, the value of deposits per capita in the North American country decreased in 2021.

The International Bank for Reconstruction and Development (IBRD) loans are public and publicly guaranteed debt extended by the World Bank Group. IBRD loans are made to, or guaranteed by, countries that are members of IBRD. IBRD may also make loans to IFC. IBRD lends at market rates. Data are in U.S. dollars calculated using historical rates. This dataset contains the latest available snapshot of the Statement of Loans. The World Bank complies with all sanctions applicable to World Bank transactions.