Due to interest rates decreasing in recent years, mortgages in the United Kingdom have become overall more affordable: In 2007, when mortgages were the least affordable, a home buyer spent on average **** percent of their income on mortgage interest and *** percent on capital repayment. In 2019, the year with the most affordable mortgages, mortgage interest accounted for *** percent and capital repayment was **** percent of their income. As interest rates increase in response to the rising inflation, mortgage affordability is expected to worsen. Though below the levels observed before 2007, the total mortgage repayment between 2022 and 2026 is expected to exceed ** percent of income.

Mortgage credit interest rate, percent in the Czechia, April, 2025 The most recent value is 3.65 percent as of April 2025, an increase compared to the previous value of 3.63 percent. Historically, the average for the Czechia from January 2002 to April 2025 is 4.23 percent. The minimum of 2.4 percent was recorded in July 2021, while the maximum of 7.65 percent was reached in February 2002. | TheGlobalEconomy.com

Mortgage rates increased at a record pace in 2022, with the 10-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 May 2025, the average 10-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 2023, reaching just above *** 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 15-Year Fixed Rate Mortgage Average in the United States (MORTGAGE15US) from 1991-08-30 to 2025-07-10 about 15-year, fixed, mortgage, interest rate, interest, rate, and USA.

Bank Lending Rate in Chile increased to 9.28 percent in May from 9.06 percent in April of 2025. This dataset provides - Chile Bank Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Mortgage credit interest rate, percent in Chile, March, 2025 The most recent value is 4.41 percent as of March 2025, a decline compared to the previous value of 4.45 percent. Historically, the average for Chile from January 2002 to March 2025 is 4.19 percent. The minimum of 1.99 percent was recorded in October 2019, while the maximum of 7.51 percent was reached in January 2002. | TheGlobalEconomy.com

Canada Consumer Price Index (CPI): All Items excl Mortgage Interest Cost data was reported at 163.200 2002=100 in Mar 2025. This records an increase from the previous number of 162.600 2002=100 for Feb 2025. Canada Consumer Price Index (CPI): All Items excl Mortgage Interest Cost data is updated monthly, averaging 106.000 2002=100 from Dec 1984 (Median) to Mar 2025, with 484 observations. The data reached an all-time high of 163.200 2002=100 in Mar 2025 and a record low of 60.200 2002=100 in Dec 1984. Canada Consumer Price Index (CPI): All Items excl Mortgage Interest Cost data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.I009: Core Inflation Index.

Greece Lending Rate: OA: Households: Mortgage Loans: Over 5 Years data was reported at 2.138 % pa in Sep 2018. This records a decrease from the previous number of 2.141 % pa for Aug 2018. Greece Lending Rate: OA: Households: Mortgage Loans: Over 5 Years data is updated monthly, averaging 3.852 % pa from Sep 2002 (Median) to Sep 2018, with 193 observations. The data reached an all-time high of 5.660 % pa in Oct 2002 and a record low of 2.138 % pa in Sep 2018. Greece Lending Rate: OA: Households: Mortgage Loans: Over 5 Years data remains active status in CEIC and is reported by Bank of Greece. The data is categorized under Global Database’s Greece – Table GR.M005: Lending Rates.

Mortgage credit interest rate, percent in Turkey, June, 2025 The most recent value is 43.23 percent as of June 2025, a decline compared to the previous value of 43.56 percent. Historically, the average for Turkey from January 2002 to June 2025 is 20.41 percent. The minimum of 8.3 percent was recorded in June 2013, while the maximum of 58.45 percent was reached in January 2002. | TheGlobalEconomy.com

Graph and download economic data for 5/1-Year Adjustable Rate Mortgage Average in the United States (DISCONTINUED) (MORTGAGE5US) from 2005-01-06 to 2022-11-10 about adjusted, mortgage, interest rate, interest, 5-year, rate, and USA.

Canada Consumer Price Index (CPI): Shelter: OA: Mortgage Interest Cost data was reported at 181.400 2002=100 in Mar 2025. This records an increase from the previous number of 181.100 2002=100 for Feb 2025. Canada Consumer Price Index (CPI): Shelter: OA: Mortgage Interest Cost data is updated monthly, averaging 87.300 2002=100 from Jan 1949 (Median) to Mar 2025, with 915 observations. The data reached an all-time high of 181.400 2002=100 in Mar 2025 and a record low of 9.900 2002=100 in May 1951. Canada Consumer Price Index (CPI): Shelter: OA: Mortgage Interest Cost data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.I002: Consumer Price Index: 2002=100.

Mortgage Rate in the United Kingdom decreased to 6.98 percent in June from 7.09 percent in May of 2025. This dataset provides - United Kingdom BBA Mortgage Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The U.S. bank prime loan rate has undergone significant fluctuations over the past three decades, reflecting broader economic trends and monetary policy decisions. From a high of **** percent in 1990, the rate has seen periods of decline, stability, and recent increases. As of May 2025, the prime rate stood at *** percent, marking a notable rise from the historic lows seen in the early 2020s. Federal Reserve's impact on lending rates The prime rate's trajectory closely mirrors changes in the federal funds rate, which serves as a key benchmark for the U.S. financial system. In 2023, the Federal Reserve implemented a series of rate hikes, pushing the federal funds target range to 5.25-5.5 percent by year-end. This aggressive monetary tightening was aimed at combating rising inflation, and its effects rippled through various lending rates, including the prime rate. Long-term investment outlook While short-term rates have risen, long-term investment yields have also seen changes. The 10-year U.S. Treasury bond, a benchmark for long-term interest rates, showed an average market yield of **** percent in the second quarter of 2024, adjusted for constant maturity and inflation. This figure represents a recovery from negative real returns seen in 2021, reflecting shifting expectations for economic growth and inflation. The evolving yield environment has implications for both borrowers and investors, influencing decisions across the financial landscape.

Le taux de prêt en Serbie est resté inchangé à 7 pour cent en juin. Cette dataset fournit - Taux de prêt en Serbie - valeurs actuelles, données historiques, prévisions, graphique, statistiques, calendrier économique et actualités.

The number of new homes sold increased in 2024, but remained below the levels observed during the 2020-2021 housing boom. Conventional loans are the most popular financing option, accounting for 513,000 of the 686,000 home purchases in 2024. Despite comprising a small share of sales, cash purchases have risen notably over the past five years. This can be explained by the dramatic increase in mortgage interest rates, which makes cash purchases more attractive for those who can afford them. Development of house prices The U.S. housing market is suffering a supply shortage, which has contributed to a substantial increase in house prices. Over the past five years, construction costs risen notably, pushing the price of newly built homes up. Meanwhile, income growth has failed to keep up, resulting in a worsening housing affordability. According to the house price to income index, home prices outgrew income by nearly 32 percent between 2015 and 2024. Is the U.S. housing stock growing? There were approximately 187 million housing units in the U.S. in 2024, indicating an increase of one percent over the previous year. Apart from new-single family housing, the number of newly built multifamily units has also risen notably. Multifamily allows construction in denser urban areas with overheated housing markets, earning it increasing popularity among investors.

Key information about Uruguay Bank Lending Rate

• Uruguay Bank Lending Rate was reported at 16.893 % pa in Jan 2025.
• This records a decrease from the previous number of 17.505 % pa for Dec 2024.
• Uruguay Bank Lending Rate data is updated monthly, averaging 21.541 % pa from Jan 1998 to Jan 2025, with 325 observations.
• The data reached an all-time high of 169.991 % pa in Oct 2002 and a record low of 11.771 % pa in Jul 2021.
• Uruguay Bank Lending Rate data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Bank Lending Rate: Monthly.

The share of non-performing mortgage loans in the United States has declined significantly since the subprime mortgage crisis in 2008. After the burst of the housing bubble, the share of loans which were ** to *** days past due date climbed to *** percent. The fourth quarter of 2010 witnessed the highest rate of loans in foreclosure, bankruptcy, or deed-in-lieu, amounting to **** percent. In the third quarter of 2024, the foreclosure rate stood at *** percent - the lowest figures on record. Meanwhile, the ** to ** days delinquency rate rose to *** percent and the ** to *** days delinquency rate rose to *** percent, showing an uptick in the late mortgage payments.

Key information about Kazakhstan Bank Lending Rate

• Kazakhstan Bank Lending Rate was reported at 19.551 % pa in Jan 2025.
• This records an increase from the previous number of 17.082 % pa for Dec 2024.
• Kazakhstan Bank Lending Rate data is updated monthly, averaging 13.900 % pa from Jan 2002 to Jan 2025, with 277 observations.
• The data reached an all-time high of 20.700 % pa in Jan 2016 and a record low of 11.400 % pa in Dec 2011.
• Kazakhstan Bank Lending Rate data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Bank Lending Rate: Monthly.

Graph and download economic data for Bank Prime Loan Rate Changes: Historical Dates of Changes and Rates (PRIME) from 1955-08-04 to 2024-12-20 about prime, loans, interest rate, banks, interest, depository institutions, rate, and USA.

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