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 *** percent - nearly ***** 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 ** 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 *** trillion euros.

Prospective American homebuyers expected that mortgage rates would decline, according to a nationally representative survey conducted in August 2024. The youngest generation (18 to 34-year-olds) was the only age group that still expected a rise in interest rates in the next 12 months. People aged 45 to 64 were most optimistic, with the share of respondents expecting a decrease outweighing the share expecting a hike by 27 percent.

Graph and download economic data for 15-Year Fixed Rate Mortgage Average in the United States (MORTGAGE15US) from 1991-08-30 to 2025-06-18 about 15-year, fixed, mortgage, interest rate, interest, rate, and USA.

United States WAS: Effective Rate: 30-Year Jumbo: 1-Wk Change data was reported at 0.060 Point in 20 Jul 2018. This records an increase from the previous number of 0.010 Point for 13 Jul 2018. United States WAS: Effective Rate: 30-Year Jumbo: 1-Wk Change data is updated weekly, averaging -0.010 Point from Jan 2011 (Median) to 20 Jul 2018, with 392 observations. The data reached an all-time high of 0.290 Point in 11 Feb 2011 and a record low of -0.230 Point in 22 Apr 2011. United States WAS: Effective Rate: 30-Year Jumbo: 1-Wk Change data remains active status in CEIC and is reported by Mortgage Bankers Association. The data is categorized under Global Database’s USA – Table US.M013: Weekly Applications Survey: Mortgage Interest Rate.

Mortgage credit interest rate, percent in Brazil, March, 2025 The most recent value is 10.91 percent as of March 2025, an increase compared to the previous value of 9.98 percent. Historically, the average for Brazil from March 2011 to March 2025 is 9.01 percent. The minimum of 6.63 percent was recorded in May 2021, while the maximum of 11.41 percent was reached in July 2023. | TheGlobalEconomy.com

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

WAS: Contract Rate: 5-Year ARM data was reported at 4.290 % in 23 Nov 2018. This records an increase from the previous number of 4.240 % for 16 Nov 2018. WAS: Contract Rate: 5-Year ARM data is updated weekly, averaging 3.130 % from Jan 2011 (Median) to 23 Nov 2018, with 411 observations. The data reached an all-time high of 4.470 % in 19 Oct 2018 and a record low of 2.530 % in 03 May 2013. WAS: Contract Rate: 5-Year ARM data remains active status in CEIC and is reported by Mortgage Bankers Association. The data is categorized under Global Database’s United States – Table US.M013: Weekly Applications Survey: Mortgage Interest Rate.

WAS: Total Points: 30-Year Jumbo: 1-Wk Change data was reported at 0.010 Point in 20 Jul 2018. This records a decrease from the previous number of 0.070 Point for 13 Jul 2018. WAS: Total Points: 30-Year Jumbo: 1-Wk Change data is updated weekly, averaging 0.000 Point from Jan 2011 (Median) to 20 Jul 2018, with 392 observations. The data reached an all-time high of 0.230 Point in 30 Dec 2016 and a record low of -0.200 Point in 06 Jul 2018. WAS: Total Points: 30-Year Jumbo: 1-Wk Change data remains active status in CEIC and is reported by Mortgage Bankers Association. The data is categorized under Global Database’s USA – Table US.M013: Weekly Applications Survey: Mortgage Interest Rate.

Following the drastic increase directly after the COVID-19 pandemic, the delinquency rate started to gradually decline, falling below *** percent in the second quarter of 2023. In the second half of 2023, the delinquency rate picked up, but remained stable throughout 2024. In the first quarter of 2025, **** percent of mortgage loans were delinquent. That was significantly lower than the **** percent during the onset of the COVID-19 pandemic in 2020 or the peak of *** percent during the subprime mortgage crisis of 2007-2010. What does the mortgage delinquency rate tell us? The mortgage delinquency rate is the share of the total number of mortgaged home loans in the U.S. where payment is overdue by 30 days or more. Many borrowers eventually manage to service their loan, though, as indicated by the markedly lower foreclosure rates. Total home mortgage debt in the U.S. stood at almost ** trillion U.S. dollars in 2024. Not all mortgage loans are made equal ‘Subprime’ loans, being targeted at high-risk borrowers and generally coupled with higher interest rates to compensate for the risk. These loans have far higher delinquency rates than conventional loans. Defaulting on such loans was one of the triggers for the 2007-2010 financial crisis, with subprime delinquency rates reaching almost ** percent around this time. These higher delinquency rates translate into higher foreclosure rates, which peaked at just under ** percent of all subprime mortgages in 2011.

United States WAS: Contract Rate: 30-Year Jumbo: 1-Wk Change data was reported at 0.000 Point in 23 Nov 2018. This records an increase from the previous number of -0.100 Point for 16 Nov 2018. United States WAS: Contract Rate: 30-Year Jumbo: 1-Wk Change data is updated weekly, averaging -0.010 Point from Jan 2011 (Median) to 23 Nov 2018, with 410 observations. The data reached an all-time high of 0.290 Point in 21 Jun 2013 and a record low of -0.240 Point in 22 Apr 2011. United States WAS: Contract Rate: 30-Year Jumbo: 1-Wk Change data remains active status in CEIC and is reported by Mortgage Bankers Association. The data is categorized under Global Database’s United States – Table US.M013: Weekly Applications Survey: Mortgage Interest Rate.

The benchmark interest rate in Japan was last recorded at 0.50 percent. This dataset provides - Japan Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Obtaining a mortgage loan in the United States has gotten more difficult, according to the results of a national representative survey. The youngest generation has been most impacted, with only about 25 percent of respondents aged 18 to 34 saying it would be easy to get a mortgage in August 2024. For prospective homebuyers over 65 years, this share stood at 53 percent. Except for the oldest generation, respondents of all age groups were overall more positive about their chances of being approved for home financing before the second half of 2021, when the monetary policy started tightening and interest rates rising.

Bank Lending Rate in Belgium decreased to 3.69 percent in April from 3.96 percent in March of 2025. This dataset provides - Belgium Bank Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Russia Bank Lending Conditions: Households: Mortgage: Loan Interest Rate data was reported at 17.857 % Point in Mar 2019. This records a decrease from the previous number of 20.238 % Point for Dec 2018. Russia Bank Lending Conditions: Households: Mortgage: Loan Interest Rate data is updated quarterly, averaging -6.061 % Point from Dec 2011 (Median) to Mar 2019, with 30 observations. The data reached an all-time high of 70.000 % Point in Dec 2014 and a record low of -31.818 % Point in Sep 2017. Russia Bank Lending Conditions: Households: Mortgage: Loan Interest Rate data remains active status in CEIC and is reported by The Central Bank of the Russian Federation. The data is categorized under Global Database’s Russian Federation – Table RU.KAC018: Bank Lending Tightness: Loans to Households.

The real interest rate in New Zealand decreased by 2.8 percentage points (-254.55 percent) in 2018 in comparison to the previous year. As a result, the real interest rate in New Zealand saw its lowest number in 2018 with -1.72 percent. Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator.Find more statistics on other topics about New Zealand with key insights such as market capitalization of listed domestic companies.

Mortgage credit interest rate, percent in Suriname, March, 2025 The most recent value is 14.1 percent as of March 2025, a decline compared to the previous value of 14.12 percent. Historically, the average for Suriname from January 2006 to March 2025 is 12.37 percent. The minimum of 10.5 percent was recorded in March 2011, while the maximum of 14.91 percent was reached in January 2024. | TheGlobalEconomy.com

United States WAS: Total Points: 30-Year Jumbo data was reported at 0.290 % in 16 Nov 2018. This records an increase from the previous number of 0.280 % for 09 Nov 2018. United States WAS: Total Points: 30-Year Jumbo data is updated weekly, averaging 0.310 % from Jan 2011 (Median) to 16 Nov 2018, with 410 observations. The data reached an all-time high of 0.640 % in 17 Jun 2011 and a record low of 0.060 % in 27 Jun 2014. United States WAS: Total Points: 30-Year Jumbo data remains active status in CEIC and is reported by Mortgage Bankers Association. The data is categorized under Global Database’s United States – Table US.M013: Weekly Applications Survey: Mortgage Interest Rate.

Interactive chart showing the daily 10 year treasury yield back to 1962. The 10 year treasury is the benchmark used to decide mortgage rates across the U.S. and is the most liquid and widely traded bond in the world.

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

In 2021, the real interest rate in Singapore decreased by 12.4 percentage points (-157.36 percent) compared to 2020. This marks the lowest real interest rate during the observed period. Real interest rate is the adjusted lending interest rate to remove the effects of inflation, as measured by the GDP deflator (implicit price deflator).Find more statistics on other topics about Singapore with key insights such as broad money as a percentage of GDP, domestic credit to the private sector as a share of GDP, and deposit interest rate.