Graph and download economic data for 15-Year Fixed Rate Mortgage Average in the United States (MORTGAGE15US) from 1991-08-30 to 2025-11-26 about 15-year, mortgage, fixed, interest rate, interest, rate, and USA.

In 2023, the total value of personal housing loans in Shanghai exceeded **** trillion yuan, representing a decrease from the previous year. With the city’s housing market being incredibly competitive in the past two decades, the total value of mortgage loans in the city has increased by more than ** times since the turn of the century. A competitive housing market As the economic capital of China, Shanghai has long been attractive to talents throughout the country, resulting in strong growth in its population. Since the housing reform in the 1990s, the price of homes in Shanghai has risen continuously, with housing in the city’s center becoming one of the most expensive in the world. High mortgage rates The increase in prices fueled intense speculations in the city’s housing market, with many residents resorting to mortgages to get on the housing ladder. Although the average mortgage rate in Shanghai is one of the lowest in China, it is still far higher than that in most other major economies. The consistent rise of the total mortgage value in Shanghai can potentially harm the financial security of the country and the region.

Chile Mortgage Rate: Mortgage Loan: Endorsable: Term: 12 to 20 Years data was reported at 3.577 % pa in Jan 2018. This records an increase from the previous number of 3.479 % pa for Dec 2017. Chile Mortgage Rate: Mortgage Loan: Endorsable: Term: 12 to 20 Years data is updated monthly, averaging 4.937 % pa from Dec 2000 (Median) to Jan 2018, with 206 observations. The data reached an all-time high of 8.679 % pa in Jan 2001 and a record low of 3.150 % pa in Jul 2017. Chile Mortgage Rate: Mortgage Loan: Endorsable: Term: 12 to 20 Years data remains active status in CEIC and is reported by Financial Market Commission. The data is categorized under Global Database’s Chile – Table CL.M008: Mortgage Rate.

Mortgage credit interest rate, percent in Costa Rica, March, 2025 The most recent value is 7.61 percent as of March 2025, a decline compared to the previous value of 7.69 percent. Historically, the average for Costa Rica from December 2001 to March 2025 is 13.66 percent. The minimum of 6.11 percent was recorded in May 2022, while the maximum of 26.28 percent was reached in August 2002. | TheGlobalEconomy.com

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.

Mortgage credit interest rate, percent in South Korea, September, 2025 The most recent value is 3.96 percent as of September 2025, no change compared to the previous value of 3.96 percent. Historically, the average for South Korea from September 2001 to September 2025 is 4.53 percent. The minimum of 2.39 percent was recorded in August 2020, while the maximum of 7.58 percent was reached in October 2008. | TheGlobalEconomy.com

Ireland Consumer Price Index (CPI): Housing Costs: Mortgage Interest data was reported at 178.900 Dec2001=100 in Dec 2006. This records an increase from the previous number of 177.200 Dec2001=100 for Nov 2006. Ireland Consumer Price Index (CPI): Housing Costs: Mortgage Interest data is updated monthly, averaging 107.100 Dec2001=100 from Jan 2002 (Median) to Dec 2006, with 59 observations. The data reached an all-time high of 178.900 Dec2001=100 in Dec 2006 and a record low of 91.000 Dec2001=100 in Jul 2003. Ireland Consumer Price Index (CPI): Housing Costs: Mortgage Interest data remains active status in CEIC and is reported by Central Statistics Office of Ireland. The data is categorized under Global Database’s Ireland – Table IE.I008: Consumer Price Index: Dec2001=100.

This data collection provides information on the characteristics of a national sample of housing units including apartments, single-family homes, mobile homes, and vacant housing units. Unlike previous years, the data are presented in eight separate parts: Part 1, Work Done Record (Replacement or Additions to the House), Part 2, Worker Record, Part 3, Mortgages (Owners Only), Part 4, Housing Unit Record (Main Record), Recodes (One Record per Housing Unit), and Weights, Part 5, Manager and Owner Record (Renters Only), Part 6, Person Record, Part 7, Ratio Verification, and Part 8, Mover Group Record. Data include year the structure was built, type and number of living quarters, occupancy status, access, number of rooms, presence of commercial establishments on the property, and property value. Additional data focus on kitchen and plumbing facilities, types of heating fuel used, source of water, sewage disposal, heating and air-conditioning equipment, and major additions, alterations, or repairs to the property. Information provided on housing expenses includes monthly mortgage or rent payments, cost of services such as utilities, garbage collection, and property insurance, and amount of real estate taxes paid in the previous year. Also included is information on whether the household received government assistance to help pay heating or cooling costs or for other energy-related services. Similar data are provided for housing units previously occupied by respondents who had recently moved. Indicators of housing and neighborhood quality are also supplied. Housing quality variables include privacy of bedrooms, condition of kitchen facilities, basement or roof leakage, breakdowns of plumbing facilities and equipment, and overall opinion of the structure. For quality of neighborhood, variables include use of exterminator services, existence of boarded-up buildings, and overall quality of the neighborhood. In addition to housing characteristics, some demographic data are provided on household members such as age, sex, race, marital status, income, and relationship to householder. Additional data provided on the householder include years of school completed, Spanish origin, length of residence, and length of occupancy.

Mortgage credit interest rate, percent in Peru, September, 2025 The most recent value is 7.45 percent as of September 2025, an increase compared to the previous value of 7.44 percent. Historically, the average for Peru from December 2001 to September 2025 is 10.05 percent. The minimum of 6.6 percent was recorded in March 2022, while the maximum of 17.65 percent was reached in March 2002. | TheGlobalEconomy.com

Ireland Consumer Price Index (CPI): excl Mortgage Interest data was reported at 126.000 Dec2001=100 in Jun 2018. This records an increase from the previous number of 125.900 Dec2001=100 for May 2018. Ireland Consumer Price Index (CPI): excl Mortgage Interest data is updated monthly, averaging 84.200 Dec2001=100 from Nov 1975 (Median) to Jun 2018, with 511 observations. The data reached an all-time high of 126.000 Dec2001=100 in Jun 2018 and a record low of 18.500 Dec2001=100 in Dec 1975. Ireland Consumer Price Index (CPI): excl Mortgage Interest data remains active status in CEIC and is reported by Central Statistics Office of Ireland. The data is categorized under Global Database’s Ireland – Table IE.I008: Consumer Price Index: Dec2001=100.

The average housing costs for Australian homeowners with a mortgage amounted to 493 Australian dollars per week in 2020. Average housing costs have followed an overall upwards trend for homeowners in the country.

The Global Financial Crisis of 2008-09 was a period of severe macroeconomic instability for the United States and the global economy more generally. The crisis was precipitated by the collapse of a number of financial institutions who were deeply involved in the U.S. mortgage market and associated credit markets. Beginning in the Summer of 2007, a number of banks began to report issues with increasing mortgage delinquencies and the problem of not being able to accurately price derivatives contracts which were based on bundles of these U.S. residential mortgages. By the end of 2008, U.S. financial institutions had begun to fail due to their exposure to the housing market, leading to one of the deepest recessions in the history of the United States and to extensive government bailouts of the financial sector.

Subprime and the collapse of the U.S. mortgage market

The early 2000s had seen explosive growth in the U.S. mortgage market, as credit became cheaper due to the Federal Reserve's decision to lower interest rates in the aftermath of the 2001 'Dot Com' Crash, as well as because of the increasing globalization of financial flows which directed funds into U.S. financial markets. Lower mortgage rates gave incentive to financial institutions to begin lending to riskier borrowers, using so-called 'subprime' loans. These were loans to borrowers with poor credit scores, who would not have met the requirements for a conventional mortgage loan. In order to hedge against the risk of these riskier loans, financial institutions began to use complex financial instruments known as derivatives, which bundled mortgage loans together and allowed the risk of default to be sold on to willing investors. This practice was supposed to remove the risk from these loans, by effectively allowing credit institutions to buy insurance against delinquencies. Due to the fraudulent practices of credit ratings agencies, however, the price of these contacts did not reflect the real risk of the loans involved. As the reality of the inability of the borrowers to repay began to kick in during 2007, the financial markets which traded these derivatives came under increasing stress and eventually led to a 'sudden stop' in trading and credit intermediation during 2008.

Market Panic and The Great Recession

As borrowers failed to make repayments, this had a knock-on effect among financial institutions who were highly leveraged with financial instruments based on the mortgage market. Lehman Brothers, one of the world's largest investment banks, failed on September 15th 2008, causing widespread panic in financial markets. Due to the fear of an unprecedented collapse in the financial sector which would have untold consequences for the wider economy, the U.S. government and central bank, The Fed, intervened the following day to bailout the United States' largest insurance company, AIG, and to backstop financial markets. The crisis prompted a deep recession, known colloquially as The Great Recession, drawing parallels between this period and The Great Depression. The collapse of credit intermediation in the economy lead to further issues in the real economy, as business were increasingly unable to pay back loans and were forced to lay off staff, driving unemployment to a high of almost 10 percent in 2010. While there has been criticism of the U.S. government's actions to bailout the financial institutions involved, the actions of the government and the Fed are seen by many as having prevented the crisis from spiraling into a depression of the magnitude of The Great Depression.

Key information about Czech Republic Long Term Interest Rate

• Czech Republic Long Term Interest Rate: Month Avg: Czech Republic: ECB Harmonised was reported at 4.46 % pa in Oct 2025, compared with 4.42 % pa in the previous month.
• Czech Republic Long Term Interest Rate data is updated monthly, available from Jan 2001 to Oct 2025.
• The data reached an all-time high of 6.85 % pa in Jul 2001 and a record low of 0.25 % pa in Sep 2016.
• Long Term Interest Rate is reported by reported by CEIC Data.

• In the latest reports, Czech Republic Short Term Interest Rate: Month End: PRIBOR: 3 Months was reported at 3.53 % pa in Oct 2025.
• The cash rate (Policy Rate: Month End: Discount Rate) was set at 2.50 % pa in Nov 2025.
• Czech Republic Exchange Rate against USD averaged 20.96 (USD/CZK) in Nov 2025.

Despite a short period of decrease after the burst of the U.S. housing bubble and the global financial crisis, the total amount of mortgage debt in the United States has been on the rise in recent years. In 2024, the mortgage debt amounted to 20.83 trillion U.S. dollars, up from 13.5 trillion U.S. dollars a decade ago. Which factors impact the amount of mortgage debt? One of the most important factors responsible for the growth of mortgage debt is the number of home sales: The more home transactions, the more mortgages are sold, adding to the volume of debt outstanding. Additionally, as house prices increase, so does the gross lending and debt outstanding. On the other hand, high numbers of housing unit foreclosures and mortgage debt restructuring and short-sales can reduce mortgage debt. Which property type has the largest share of the mortgage market? The total mortgage debt includes different property types, such as one-to-four family residential, multifamily residential, commercial, and farm, but the overwhelming share of debt can be attributed to mortgage debt one-to-four family residences.

Official interest, rates short - term deposits unsecured and call money

1957 - 2001, January 1957- December 2003 Changed on January 13 2004. Frequency: Discontinued.

Argentina Loans to NFPS: DC: Mortgage: More Than 10 Years: Fixed & Renegotiable Interest data was reported at 62,167.000 ARS th in Sep 2018. This records a decrease from the previous number of 91,412.000 ARS th for Aug 2018. Argentina Loans to NFPS: DC: Mortgage: More Than 10 Years: Fixed & Renegotiable Interest data is updated monthly, averaging 57,498.000 ARS th from Jun 1993 (Median) to Sep 2018, with 304 observations. The data reached an all-time high of 658,007.000 ARS th in Dec 2011 and a record low of 384.000 ARS th in Dec 2001. Argentina Loans to NFPS: DC: Mortgage: More Than 10 Years: Fixed & Renegotiable Interest data remains active status in CEIC and is reported by Central Bank of Argentina. The data is categorized under Global Database’s Argentina – Table AR.KB013: Loans to Non Financial Private Sector.

While the share of Australian households occupied by homeowners without a mortgage has decreased overall since financial year 2001, the value has fluctuated in recent years to sit at 29.5 percent in financial year 2020. Homeowners in Australia have had to compete with rising housing related costs, with the high house price to income ratio in recent years.

The benchmark interest rate in Moldova was last recorded at 6 percent. This dataset provides the latest reported value for - Moldova Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Loans to NFPS: DC: Mortgage: Fixed & Renegotiable Interest data was reported at 605,323.000 ARS th in Sep 2018. This records a decrease from the previous number of 657,430.000 ARS th for Aug 2018. Loans to NFPS: DC: Mortgage: Fixed & Renegotiable Interest data is updated monthly, averaging 229,354.500 ARS th from Jun 1993 (Median) to Sep 2018, with 304 observations. The data reached an all-time high of 2,023,013.000 ARS th in Dec 2016 and a record low of 1,475.000 ARS th in Dec 2001. Loans to NFPS: DC: Mortgage: Fixed & Renegotiable Interest data remains active status in CEIC and is reported by Central Bank of Argentina. The data is categorized under Global Database’s Argentina – Table AR.KB013: Loans to Non Financial Private Sector.

South Africa Consumer Price Index (CPI): sa: Metropolitan & Other Urban: excl Interest Rates on Mortgage Bonds data was reported at 149.900 1995=100 in Jan 2001. This records an increase from the previous number of 148.800 1995=100 for Dec 2000. South Africa Consumer Price Index (CPI): sa: Metropolitan & Other Urban: excl Interest Rates on Mortgage Bonds data is updated monthly, averaging 130.100 1995=100 from Jan 1997 (Median) to Jan 2001, with 49 observations. The data reached an all-time high of 149.900 1995=100 in Jan 2001 and a record low of 113.600 1995=100 in Jan 1997. South Africa Consumer Price Index (CPI): sa: Metropolitan & Other Urban: excl Interest Rates on Mortgage Bonds data remains active status in CEIC and is reported by South African Reserve Bank. The data is categorized under Global Database’s South Africa – Table ZA.I022: Consumer Price Index: Metropolitan and Other Urban: 1995=100: Seasonally Adjusted.