Interactive historical chart showing the 30 year fixed rate mortgage average in the United States since 1971.

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 4.8 percent - nearly three 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 61 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 1.9 trillion euros.

Graph and download economic data for 15-Year Fixed Rate Mortgage Average in the United States (MORTGAGE15US) from 1991-08-30 to 2025-06-05 about 15-year, fixed, mortgage, interest rate, interest, rate, and USA.

The interest rate of mortgage loans in Chile reached a record low in 2019 at less than 2.2 percent but increased in the following years. Between October 2021 and October 2022, the average mortgage interest rate rose from 3.6 percent to 4.5 percent - the highest rate observed since 2010.

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.

Mortgage Rate in Sweden increased to 3.13 percent in April from 3.09 percent in March of 2025. This dataset includes a chart with historical data for Sweden Average Interest Rate on New Agreements for Mortgages to Households.

Mortgage rates increased at a record pace in 2022, with the **-year fixed mortgage rate doubling between March 2022 and December 2022. With inflation increasing, the Bank of England introduced several bank rate hikes, resulting in higher mortgage rates. In April 2025, the average **-year fixed rate interest rate reached **** percent. As borrowing costs get higher, demand for housing is expected to decrease, leading to declining market sentiment and slower house price growth. How have the mortgage hikes affected the market? After surging in 2021, the number of residential properties sold declined in 2022, reaching close to *** million. Despite the number of transactions falling, this figure was higher than the period before the COVID-19 pandemic. The falling transaction volume also impacted mortgage borrowing. Between the first quarter of 2023 and the first quarter of 2024, the value of new mortgage loans fell year-on-year for five straight quarters in a row. How are higher mortgages affecting homebuyers? Homeowners with a mortgage loan usually lock in a fixed rate deal for two to ten years, meaning that after this period runs out, they need to renegotiate the terms of the loan. Many of the mortgages outstanding were taken out during the period of record-low mortgage rates and have since faced notable increases in their monthly repayment. About **** million homeowners are projected to see their deal expire by the end of 2026. About *** million of these loans are projected to experience a monthly payment increase of up to *** British pounds by 2026.

Graph and download economic data for Consumer Price Index: Retail price Index: All Items Less Mortgage Interest Rate for the United Kingdom (CPRPTT02GBQ661N) from Q1 1975 to Q4 2017 about mortgage, United Kingdom, all items, retail, CPI, interest rate, interest, housing, rate, price index, indexes, and price.

Graph and download economic data for Delinquency Rate on Single-Family Residential Mortgages, Booked in Domestic Offices, All Commercial Banks (DRSFRMACBS) from Q1 1991 to Q1 2025 about domestic offices, delinquencies, 1-unit structures, mortgage, family, residential, commercial, domestic, banks, depository institutions, rate, and USA.

Mortgage credit interest rate, percent in Serbia, March, 2025 The most recent value is 9.91 percent as of March 2025, a decline compared to the previous value of 9.94 percent. Historically, the average for Serbia from September 2010 to March 2025 is 9.74 percent. The minimum of 5.28 percent was recorded in February 2019, while the maximum of 15.7 percent was reached in October 2012. | TheGlobalEconomy.com

The annual average interest rate on new residential loans in Germany generally decreased between 2007 and 2023, with some fluctuation. It declined from 5.09 percent in 2007 to 1.26 percent in 2021. In 2023, it significantly rose to four percent, the highest rate recorded since 2010. Nevertheless, this rate varied for different loan types, with floating mortgage rates being the most expensive as of October 2023.

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

The annual average interest rate on new residential mortgages in Slovenia increased for the third year in a row in 2023, reaching the highest rate since 2010. In 2023, the average mortgage rate for homebuyers stood at 3.96 percent, up from 1.82 percent in 2020 when mortgage rates were at their lowest point.

Lending Rate: RUB Mortgage Loans: YB: Quarterly: North Caucasian Federal District (NC) data was reported at 9.450 % pa in Dec 2024. This records a decrease from the previous number of 9.580 % pa for Sep 2024. Lending Rate: RUB Mortgage Loans: YB: Quarterly: North Caucasian Federal District (NC) data is updated quarterly, averaging 11.420 % pa from Mar 2010 (Median) to Dec 2024, with 60 observations. The data reached an all-time high of 14.510 % pa in Mar 2015 and a record low of 6.960 % pa in Mar 2021. Lending Rate: RUB Mortgage Loans: YB: Quarterly: North Caucasian Federal District (NC) data remains active status in CEIC and is reported by Bank of Russia. The data is categorized under Russia Premium Database’s Interest and Foreign Exchange Rates – Table RU.MB010: Lending Rate: RUB Housing Loans: ow Mortgage: by Region: Average from Year Beginning. In January 2010, North Caucasian Federal District was split from Southern Federal District. Since January 2010, North Caucasian Federal District consists of Republic of Dagestan, Republic of Ingushetia, Republic of Kabardino Balkaria, Republic of Karachaevo Cherkessia, Republic of Northern Osetia Alania, Chechen Republic and Stavropol Territory). Since January 2010, Southern Federal District consists of Republic of Adygea, Republic of Kalmykia, Krasnodar Territory, Astrakhan Region, Volgograd Region, Rostov Region.

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.

Poland - Overcrowding rate: Owner, no outstanding mortgage or housing loan was 29.60% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Poland - Overcrowding rate: Owner, no outstanding mortgage or housing loan - last updated from the EUROSTAT on June of 2025. Historically, Poland - Overcrowding rate: Owner, no outstanding mortgage or housing loan reached a record high of 43.40% in December of 2010 and a record low of 29.60% in December of 2024.

The rate of home owners with a mortgage or loan in Germany fluctuated between 2010 and 2021. It can be seen that 28 percent of German households had a mortgage in 2021. This was an decrease from the previous year, when 31 percent of households had a mortgage loan.

Mortgage Rate in Australia decreased to 5.97 percent in March from 6.03 percent in February of 2025. This dataset includes a chart with historical data for Australia Mortgage 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.