The benchmark interest rate in Hong Kong was last recorded at 4.75 percent. This dataset provides the latest reported value for - Hong Kong Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

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.

Abstract copyright UK Data Service and data collection copyright owner.

The Survey of Mortgage Lenders (SML) was launched on 1st April 1992 to succeed the 5% Sample Survey of Building Society Mortgage Completions (BSM) (See GN:33191). The aims were to improve the survey in three principal ways:
a) to broaden the range of institutions surveyed to incorporate other mortgage lenders in addition to building societies and Abbey National. With the entry of the high street banks and then the centralised lenders into the mortgage market, information provided by the building societies no longer represented the whole market in the way it did when the BSM was set up in the 1960s.
b) to extend its coverage to include further advances, remortgages and top-up loans in addition to first mortgages.
c) to increase the level of detail on the questionnaire especially with respect to the characteristics of the mortgage loan.
An important consideration for users of the data is that the SML figures allow continuity with the BSM survey results to be maintained for a reasonable period.
Main Topics:
Financial institution code, date mortgage completed, whether dwelling is wholly or partly occupied by borrower. Mortgage amount, type of advance, whether solely for purchase of property, period of mortgage, gross rate of interest, whether the interest charged is fixed or variable rate, whether interest payments are discounted or deferred, repayment method, source of mortgage business, purchase price and whether discounted in any way, location of dwelling, whether new, age of dwelling, type of dwelling, number of habitable rooms, number, sex and age of borrowers, basic income of main borrower, other income and total income on which mortgage is based, whether applicant previously owner occupier, previous tenure.

Bank Lending Rate in Ukraine increased to 19.09 percent in January from 17.79 percent in December of 2024. This dataset provides - Ukraine Bank Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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 Central Bank of Uruguay provides monthly weighted average Bank Lending Rate. Bank Lending Rate is defined as lending rate for Residents in Non Financial Corporations.

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

United States WAS: Effective Rate: FRM 30-Year: 1-Wk Change data was reported at 0.000 Point in 20 Jul 2018. This records a decrease from the previous number of 0.020 Point for 13 Jul 2018. United States WAS: Effective Rate: FRM 30-Year: 1-Wk Change data is updated weekly, averaging -0.010 Point from Jan 1990 (Median) to 20 Jul 2018, with 1489 observations. The data reached an all-time high of 0.610 Point in 09 Oct 1998 and a record low of -0.530 Point in 28 Nov 2008. United States WAS: Effective Rate: FRM 30-Year: 1-Wk Change data remains active status in CEIC and is reported by Mortgage Bankers Association. The data is categorized under Global Database’s USA – Table US.M013: Weekly Applications Survey: Mortgage Interest Rate.

Key information about Indonesia Bank Lending Rate

• Indonesia Bank Lending Rate was reported at 8.620 % pa in Jan 2025.
• This stayed constant from the previous number of 8.620 % pa for Dec 2024.
• Indonesia Bank Lending Rate data is updated monthly, averaging 13.335 % pa from Apr 1993 to Jan 2025, with 382 observations.
• The data reached an all-time high of 35.720 % pa in Sep 1998 and a record low of 8.400 % pa in Jun 2022.
• Indonesia 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.

Bank Indonesia provides monthly weighted average Bank Lending Rate.

The benchmark interest rate in Poland was last recorded at 5.75 percent. This dataset provides - Poland Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Brazil BR: Lending Rate data was reported at 40.242 % pa in 2024. This records a decrease from the previous number of 43.600 % pa for 2023. Brazil BR: Lending Rate data is updated yearly, averaging 44.304 % pa from Dec 1997 (Median) to 2024, with 28 observations. The data reached an all-time high of 86.363 % pa in 1998 and a record low of 27.392 % pa in 2013. Brazil BR: Lending Rate data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Brazil – Table BR.IMF.IFS: Lending, Saving and Deposit Rates: Annual.

The average price per square foot of floor space in new single-family housing in the United States decreased after the great financial crisis, followed by several years of stagnation. Since 2012, the price has continuously risen, hitting 168 U.S. dollars per square foot in 2022. In 2024, the average sales price of a new home exceeded 500,000 U.S. dollars. Development of house sales in the U.S. One of the reasons for rising property prices is the gradual growth of house sales between 2011 and 2020. This period was marked by the gradual recovery following the subprime mortgage crisis and a growing housing sentiment. Another significant factor for the housing demand was the growing number of new household formations each year. Despite this trend, housing transactions plummeted in 2021, amid soaring prices and borrowing costs. In 2021, the average construction cost for single-family housing rose by nearly 12 percent year-on-year, and in 2022, the increase was even higher, at close to 17 percent. Financing a house purchase Mortgage interest rates in the U.S. rose dramatically in 2022 and remained elevated until 2024. In 2020, a homebuyer could lock in a 30-year fixed interest rate of under three percent, whereas in 2024, the average rate for the same mortgage type was more than twice higher. That has led to a decline in homebuyer sentiment, and an increasing share of the population pessimistic about buying a home in the current market.

Mortgage Lending Rate: Bank: Dwelling Units data was reported at 11.250 % pa in Nov 2024. This records a decrease from the previous number of 11.500 % pa for Oct 2024. Mortgage Lending Rate: Bank: Dwelling Units data is updated monthly, averaging 11.750 % pa from Jan 1965 (Median) to Nov 2024, with 719 observations. The data reached an all-time high of 24.000 % pa in Oct 1998 and a record low of 7.000 % pa in Oct 2021. Mortgage Lending Rate: Bank: Dwelling Units 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.M008: Mortgage Rate. [COVID-19-IMPACT]

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.

The U.S. housing market has slowed, after 13 consecutive years of rising home prices. In 2021, house prices surged by an unprecedented 18 percent, marking the highest increase on record. However, the market has since cooled, with the Freddie Mac House Price Index showing more modest growth between 2022 and 2024. In 2024, home prices increased by 4.2 percent. That was lower than the long-term average of 4.4 percent since 1990. Impact of mortgage rates on homebuying The recent cooling in the housing market can be partly attributed to rising mortgage rates. After reaching a record low of 2.96 percent in 2021, the average annual rate on a 30-year fixed-rate mortgage more than doubled in 2023. This significant increase has made homeownership less affordable for many potential buyers, contributing to a substantial decline in home sales. Despite these challenges, forecasts suggest a potential recovery in the coming years. How much does it cost to buy a house in the U.S.? In 2023, the median sales price of an existing single-family home reached a record high of over 389,000 U.S. dollars. Newly built homes were even pricier, despite a slight decline in the median sales price in 2023. Naturally, home prices continue to vary significantly across the country, with West Virginia being the most affordable state for homebuyers.

Real interest rates describe the growth in the real value of the interest on a loan or deposit, adjusted for inflation. Nominal interest rates on the other hand show us the raw interest rate, which is unadjusted for inflation. If the inflation rate in a certain country were zero percent, the real and nominal interest rates would be the same number. As inflation reduces the real value of a loan, however, a positive inflation rate will mean that the nominal interest rate is more likely to be greater than the real interest rate. We can see this in the recent inflationary episode which has taken place in the wake of the Coronavirus pandemic, with nominal interest rates rising over the course of 2022, but still lagging far behind the rate of inflation, meaning these rate rises register as smaller increases in the real interest rate.

Shelter cost by tenure including presence of mortgage payments and subsidized housing for Canada, provinces and territories, census metropolitan areas and census agglomerations. Includes shelter-cost-to-income ratio, household total income groups and household type including census family structure, off reserve.

The benchmark interest rate in Spain was last recorded at 4.50 percent. This dataset provides the latest reported value for - Spain Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Housing Affordability Index value in the United States plummeted in 2022, surpassing the historical record of 107.1 index points in 2006. In 2024, the housing affordability index measured 98.1 index points, making it the second-worst year for homebuyers since the start of the observation period. What does the Housing Affordability Index mean? The Housing Affordability Index uses data provided by the National Association of Realtors (NAR). It measures whether a family earning the national median income can afford the monthly mortgage payments on a median-priced existing single-family home. An index value of 100 means that a family has exactly enough income to qualify for a mortgage on a home. The higher the index value, the more affordable a house is to a family. Key factors that drive the real estate market Income, house prices, and mortgage rates are some of the most important factors influencing homebuyer sentiment. When incomes increase, consumer power also increases. The median household income in the United States declined in 2022, affecting affordability. Additionally, mortgage interest rates have soared, adding to the financial burden of homebuyers. The sales price of existing single-family homes in the U.S. has increased year-on-year since 2011 and reached 389,000 U.S. dollars in 2023.

Tajikistan TJ: Lending Interest Rate data was reported at 25.836 % pa in 2015. This records an increase from the previous number of 24.531 % pa for 2014. Tajikistan TJ: Lending Interest Rate data is updated yearly, averaging 22.539 % pa from Dec 1998 (Median) to 2015, with 18 observations. The data reached an all-time high of 25.836 % pa in 2015 and a record low of 1.606 % pa in 2000. Tajikistan TJ: Lending Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Tajikistan – Table TJ.World Bank.WDI: Interest Rates. Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files.; ;

Russia Lending Rate: Credit Institutions: Personal Loans: USD: Up to 30 Days incl Demand data was reported at 6.780 % pa in Aug 2017. This records a decrease from the previous number of 10.320 % pa for May 2017. Russia Lending Rate: Credit Institutions: Personal Loans: USD: Up to 30 Days incl Demand data is updated monthly, averaging 11.450 % pa from Jan 1998 (Median) to Aug 2017, with 230 observations. The data reached an all-time high of 43.600 % pa in Oct 1998 and a record low of 6.780 % pa in Aug 2017. Russia Lending Rate: Credit Institutions: Personal Loans: USD: Up to 30 Days incl Demand data remains active status in CEIC and is reported by The Central Bank of the Russian Federation. The data is categorized under Russia Premium Database’s Interest and Foreign Exchange Rates – Table RU.MB004: Lending Rate: Credit Institutions: Personal Loans.