Graph and download economic data for 15-Year Fixed Rate Mortgage Average in the United States (MORTGAGE15US) from 1991-08-30 to 2025-10-16 about 15-year, mortgage, fixed, interest rate, interest, rate, and USA.

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 4.54 percent.

The rate on 15-year fixed rate mortgages in the United States decreased in the period after the Great Recession and reached its lowest level in 2021, followed by a steep increase in the next two years. In the early 1990s, the rate on a 15-year fixed rate mortgage was between six and nine percent. The rate then fell to 2.27 percent in 2021. After the Federal Reserve introduced several bank rate hikes to tackle the rising inflation, the mortgage rate soared to 6.11 percent — the highest rate observed since 2008. The rate for 30-year fixed mortgages and five-year ARM mortgages followed a similar trend.

United States Mortgage Fixed Rate: Wk Ending: 30 Year data was reported at 4.540 % pa in 26 Jul 2018. This records an increase from the previous number of 4.520 % pa for 19 Jul 2018. United States Mortgage Fixed Rate: Wk Ending: 30 Year data is updated weekly, averaging 4.550 % pa from Jan 2004 (Median) to 26 Jul 2018, with 760 observations. The data reached an all-time high of 6.800 % pa in 20 Jul 2006 and a record low of 3.310 % pa in 22 Nov 2012. United States Mortgage Fixed Rate: Wk Ending: 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 USA – Table US.M012: Mortgage Interest Rate.

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.

Graph and download economic data for Large Bank Consumer Mortgage Originations: Average Interest Rate at Origination by LTV: 30-Year Fixed Rate Mortgage: 66-79 Loan-to-Value (RCMFLRIGIRAPCTF30LTV66T79) from Q3 2012 to Q1 2025 about FR Y-14M, origination, 30-year, large, mortgage, fixed, average, loans, consumer, interest rate, banks, interest, depository institutions, rate, and USA.

Mortgage interest rates in the UK were on a downward trend for more than a decade before soaring in 2022. In the fourth 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.

United States Mortgage Adjustable Rate: Wk Ending: 5 Year: Margin data was reported at 2.770 % pa in 29 Nov 2018. This records an increase from the previous number of 2.760 % pa for 22 Nov 2018. United States Mortgage Adjustable Rate: Wk Ending: 5 Year: Margin data is updated weekly, averaging 2.740 % pa from Jan 2005 (Median) to 29 Nov 2018, with 726 observations. The data reached an all-time high of 2.800 % pa in 04 May 2006 and a record low of 0.740 % pa in 19 Apr 2012. United States Mortgage Adjustable Rate: Wk Ending: 5 Year: Margin 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.

Large Bank Mortgage Balances - Past Due Rates - Historical chart and current data through 2025.

Large Bank Mortgage Delinquency Rates - Historical chart and current data through 2025.

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

United States WAS: Contract Rate: FRM 30-Year data was reported at 5.120 % in 23 Nov 2018. This records a decrease from the previous number of 5.160 % for 16 Nov 2018. United States WAS: Contract Rate: FRM 30-Year data is updated weekly, averaging 6.220 % from Jan 1990 (Median) to 23 Nov 2018, with 1508 observations. The data reached an all-time high of 10.560 % in 27 Apr 1990 and a record low of 3.470 % in 07 Dec 2012. United States WAS: Contract Rate: FRM 30-Year 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.

United States WAS: Effective Rate: FRM 30-Year data was reported at 5.290 % in 16 Nov 2018. This records a decrease from the previous number of 5.330 % for 09 Nov 2018. United States WAS: Effective Rate: FRM 30-Year data is updated weekly, averaging 6.460 % from Jan 1990 (Median) to 16 Nov 2018, with 1507 observations. The data reached an all-time high of 11.070 % in 27 Apr 1990 and a record low of 3.570 % in 07 Dec 2012. United States WAS: Effective Rate: FRM 30-Year 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.

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 August 2025, the average 10-year fixed mortgage rate had climbed to 4.49 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 rates in the Netherlands increased sharply in 2022 and 2023, after declining gradually between 2008 and 2021. In December 2021, the average interest rate for new mortgage loans stood at **** percent, and by the end of 2023, it had risen to **** percent. In May 2025, mortgage rates decreased slightly, falling to **** percent on average. Mortgages with a 10-year fixed rate were the most affordable, at **** percent. Are mortgage rates in the Netherlands different from those in other European countries? When comparing this ranking to data that covers multiple European countries, the Netherlands’ mortgage rate was similar to the rates found in Spain, the United Kingdom, and Sweden. It was, however, a lot lower than the rates in Eastern Europe. Hungary and Romania, for example, had some of the highest mortgage rates. For more information on the European mortgage market and how much the countries differ from each other, please visit this dedicated research page. How big is the mortgage market in the Netherlands? The Netherlands has overall seen an increase in the number of mortgage loans sold and is regarded as one of the countries with the highest mortgage debt in Europe. The reason behind this is that Dutch homeowners were able to for many years to deduct interest paid from pre-tax income (a system known in the Netherlands as hypotheekrenteaftrek). Total mortgage debt of Dutch households has been increasing year-on-year since 2013.

United States Housing Affordability Index: Mortgage Rate data was reported at 4.770 % in Sep 2018. This records a decrease from the previous number of 4.780 % for Aug 2018. United States Housing Affordability Index: Mortgage Rate data is updated monthly, averaging 6.470 % from Jan 1989 (Median) to Sep 2018, with 357 observations. The data reached an all-time high of 10.590 % in Jun 1989 and a record low of 3.430 % in Dec 2012. United States Housing Affordability Index: Mortgage Rate data remains active status in CEIC and is reported by National Association of Realtors. The data is categorized under Global Database’s United States – Table US.EB018: Housing Affordability Index.

Large Bank Mortgage Balances - 30+ Days Past Due Rates - Historical chart and current data through 2025.

United States WAS: Contract Rate: FHA 203 data was reported at 5.110 % in 23 Nov 2018. This records an increase from the previous number of 5.080 % for 16 Nov 2018. United States WAS: Contract Rate: FHA 203 data is updated weekly, averaging 6.280 % from Jan 1990 (Median) to 23 Nov 2018, with 1508 observations. The data reached an all-time high of 10.290 % in 27 Apr 1990 and a record low of 3.320 % in 07 Dec 2012. United States WAS: Contract Rate: FHA 203 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.

Graph and download economic data for Large Bank Consumer Mortgage Balances: 60 or More Days Past Due: Including Foreclosures Rates: Accounts Based (RCMFLBACTDPDPCT60P) from Q3 2012 to Q2 2025 about 60 days +, accounts, FR Y-14M, large, balance, mortgage, consumer, banks, depository institutions, rate, and USA.

Graph and download economic data for Expenditures: Mortgage Interest and Charges by Education: High School Graduate with Some College (CXUOWNMORTGLB1305M) from 1995 to 2012 about no college, secondary schooling, secondary, mortgage, education, expenditures, interest, and USA.