Mortgage rates in the Netherlands increased sharply in 2022 and 2023, after declining gradually between 2008 and 2021. In December 2022, the average interest rate for new mortgage loans stood at 1.65 percent, and by the end of 2023, it had risen to 4.13 percent. The 10-year interest rate was the lowest, at 2.96 percent; the floating and less than one-year interest rates amounted to 5.13 and 4.62 percent, respectively. In early 2024, mortgage rates decreased notably. 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.

The average mortgage interest rate in Spain followed a downward trend for almost a decade before increasing dramatically in 2022. In 2023, new housing loans had an average interest rate of 3.74 percent - about three times the interest rate in 2020. Mortgages with a five to 10-year term were the only product which saw rates decline between 2022 and 2023. Why did mortgage rates spike? Macroeconomic factors, such as inflation, economic growth, and fiscal policy, play a major role in determining the cost of a loan. Inflation in Europe started rising in late 2021, largely due to surging energy costs. In Spain, the annual change of the consumer price index peaked at almost 11 percent in July 2023. The European Central Bank has responded by introducing a series of hikes on the key interest rates (main refinancing operations, marginal lending facility, and deposit facility), which have affected lending rates across the European Union. How has the housing market reacted to the interest rate hike? The housing market follows a certain seasonality, with more home sales in the second and fourth quarters of the year. This was also the case in 2022, but the last quarter of the year saw an annual decline. Though compared to previous years, the number of transactions was one of the highest, the annual decrease shows a potential downturn.

In 2022, interest rates for new mortgages in the Netherlands rose rapidly, after falling to a record-low level in 2021. In September 2023, the average mortgage rate for new loans stood at 4.05 percent, up from 1.65 percent in October 2021. The floating interest rate was the highest, at 4.85 percent.

The average interest rate for outstanding mortgages in the Netherlands declined from 2003 to 2022, followed by an increase in 2023. In September 2023, the interest rate reached an average of 2.5 percent. That increase was much stronger for loans with shorter maturity.

France Mortgage Rate: Avg: Consumer: Up to 1 Year data was reported at 3.850 % in Jan 2025. This records an increase from the previous number of 3.810 % for Dec 2024. France Mortgage Rate: Avg: Consumer: Up to 1 Year data is updated monthly, averaging 3.070 % from Jan 2003 (Median) to Jan 2025, with 265 observations. The data reached an all-time high of 5.380 % in Dec 2008 and a record low of 1.160 % in Feb 2022. France Mortgage Rate: Avg: Consumer: Up to 1 Year data remains active status in CEIC and is reported by Banque de France. The data is categorized under Global Database’s France – Table FR.M009: Mortgage Rate. http://www.banque-france.fr/gb/stat_conjoncture/series/statmon/html/statmon.htm [COVID-19-IMPACT]

Bank Lending Rate in Netherlands decreased to 3.38 percent in January from 3.47 percent in December of 2024. This dataset provides - Netherlands Bank Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Mortgage credit interest rate, percent in Paraguay, September, 2024 The most recent value is 9.71 percent as of September 2024, an increase compared to the previous value of 9.51 percent. Historically, the average for Paraguay from January 2003 to September 2024 is 15.02 percent. The minimum of 7.45 percent was recorded in July 2005, while the maximum of 45.97 percent was reached in January 2003. | TheGlobalEconomy.com

Graph and download economic data for Expenditures: Mortgage Interest and Charges by Quintiles of Income Before Taxes: Total Complete Income Reporters (CXUOWNMORTGLB01A1M) from 1984 to 2003 about mortgage, tax, expenditures, interest, income, and USA.

Austria Lending Rate: NB: Households: Mortgage: Rate Fixation: Between 1 and 5 Years data was reported at 3.490 % pa in Jan 2025. This records a decrease from the previous number of 3.690 % pa for Dec 2024. Austria Lending Rate: NB: Households: Mortgage: Rate Fixation: Between 1 and 5 Years data is updated monthly, averaging 2.590 % pa from Jan 2003 (Median) to Jan 2025, with 265 observations. The data reached an all-time high of 4.840 % pa in Nov 2008 and a record low of 1.210 % pa in Jan 2021. Austria Lending Rate: NB: Households: Mortgage: Rate Fixation: Between 1 and 5 Years data remains active status in CEIC and is reported by Oesterreichische Nationalbank. The data is categorized under Global Database’s Austria – Table AT.M006: Lending Rates.

Mortgage Originations in the United States increased to 465.35 Billion USD in the fourth quarter of 2024 from 448.31 Billion USD in the third quarter of 2024. This dataset includes a chart with historical data for the United States Mortgage Originations.

Mortgage credit interest rate, percent in Denmark, January, 2025 The most recent value is 4.69 percent as of January 2025, a decline compared to the previous value of 4.89 percent. Historically, the average for Denmark from January 2003 to January 2025 is 4.55 percent. The minimum of 2.58 percent was recorded in June 2022, while the maximum of 7.76 percent was reached in November 2008. | TheGlobalEconomy.com

Graph and download economic data for Expenditures: Mortgage Interest and Charges by Housing Tenure: Homeowner with Mortgage (CXUOWNMORTGLB1703M) from 2003 to 2023 about homeownership, mortgage, expenditures, interest, housing, and USA.

Austria Lending Rate: NB: Households: Mortgage: Rate Fixation: YoY data was reported at 3.760 % in Jan 2025. This records a decrease from the previous number of 3.940 % for Dec 2024. Austria Lending Rate: NB: Households: Mortgage: Rate Fixation: YoY data is updated monthly, averaging 3.150 % from Jan 2003 (Median) to Jan 2025, with 265 observations. The data reached an all-time high of 5.910 % in Oct 2008 and a record low of 1.530 % in Jan 2022. Austria Lending Rate: NB: Households: Mortgage: Rate Fixation: YoY data remains active status in CEIC and is reported by Oesterreichische Nationalbank. The data is categorized under Global Database’s Austria – Table AT.M006: Lending Rates.

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

The monthly interest rate for outstanding mortgages in the Netherlands rose sharply in 2022, after reaching an all-time low. In September 2023, the interest rate on outstanding mortgages stood at 2.51 percent, up from 2.25 percent in June 2022. Mortgages with maturity under one year had the highest mortgage rate at 5.02 percent.

Graph and download economic data for Expenditures: Mortgage Interest and Charges by Income Before Taxes: Less Than $70,000 (CXUOWNMORTGLB0211M) from 2003 to 2015 about mortgage, tax, expenditures, interest, income, and USA.

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. Additionally, indicators of housing and neighborhood quality are 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.

Belgium Lending Rate: New Business: HH: Mortgage Credit: Fixed Rate: 5 to 10 Years data was reported at 2.950 % pa in Jan 2025. This records a decrease from the previous number of 3.080 % pa for Dec 2024. Belgium Lending Rate: New Business: HH: Mortgage Credit: Fixed Rate: 5 to 10 Years data is updated monthly, averaging 3.550 % pa from Jan 2003 (Median) to Jan 2025, with 265 observations. The data reached an all-time high of 5.530 % pa in Oct 2008 and a record low of 1.330 % pa in Dec 2021. Belgium Lending Rate: New Business: HH: Mortgage Credit: Fixed Rate: 5 to 10 Years data remains active status in CEIC and is reported by National Bank of Belgium. The data is categorized under Global Database’s Belgium – Table BE.M005: Lending Rate.

Denmark Mortgage Credit Inst Lending Rate: Avg: Outstanding: Households data was reported at 2.038 % pa in Jun 2018. This records a decrease from the previous number of 2.044 % pa for May 2018. Denmark Mortgage Credit Inst Lending Rate: Avg: Outstanding: Households data is updated monthly, averaging 3.841 % pa from Jan 2003 (Median) to Jun 2018, with 186 observations. The data reached an all-time high of 6.591 % pa in Jan 2003 and a record low of 2.038 % pa in Jun 2018. Denmark Mortgage Credit Inst Lending Rate: Avg: Outstanding: Households data remains active status in CEIC and is reported by Danmarks Nationalbank. The data is categorized under Global Database’s Denmark – Table DK.M006: Lending Rate: Mortgage Credit Institutes.

Belgium Lending Rate: Outstanding: Households: Mortgage Credit: 1 to 5 Years data was reported at 2.770 % pa in Jan 2025. This records an increase from the previous number of 2.760 % pa for Dec 2024. Belgium Lending Rate: Outstanding: Households: Mortgage Credit: 1 to 5 Years data is updated monthly, averaging 3.450 % pa from Jan 2003 (Median) to Jan 2025, with 265 observations. The data reached an all-time high of 5.480 % pa in Feb 2003 and a record low of 1.420 % pa in Apr 2022. Belgium Lending Rate: Outstanding: Households: Mortgage Credit: 1 to 5 Years data remains active status in CEIC and is reported by National Bank of Belgium. The data is categorized under Global Database’s Belgium – Table BE.M005: Lending Rate.