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 **** percent, and by the end of 2023, it had risen to **** percent. The 10-year interest rate was the lowest, at **** percent; the floating and less than one-year interest rates amounted to **** and **** 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 **** percent, up from **** percent in October 2021. The floating interest rate was the highest, at **** percent.

Bank Lending Rate in Netherlands decreased to 2.67 percent in May from 2.85 percent in April of 2025. This dataset provides - Netherlands Bank Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Bank Lending Rate in Germany decreased to 4.09 percent in May from 4.23 percent in April of 2025. This dataset provides the latest reported value for - Germany Bank Lending Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Mortgage Originations in the United States decreased to 425.63 Billion USD in the first quarter of 2025 from 465.35 Billion USD in the fourth quarter of 2024. This dataset includes a chart with historical data for the United States Mortgage Originations.

Mortgage credit interest rate, percent in Denmark, March, 2025 The most recent value is 4.58 percent as of March 2025, a decline compared to the previous value of 4.65 percent. Historically, the average for Denmark from January 2003 to March 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.

Bank Lending Rate in Portugal decreased to 3.83 percent in May from 4.23 percent in April of 2025. This dataset provides - Portugal Bank Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Mortgage credit interest rate, percent in Paraguay, January, 2025 The most recent value is 9.81 percent as of January 2025, an increase compared to the previous value of 9.7 percent. Historically, the average for Paraguay from January 2003 to January 2025 is 14.94 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 Income Before Taxes: Total Complete Income Reporters (CXUOWNMORTGLB02A2M) from 1984 to 2003 about mortgage, tax, expenditures, interest, income, and USA.

France Mortgage Rate: Avg: Consumer: Up to 1 Year data was reported at 3.780 % in Mar 2025. This records an increase from the previous number of 3.750 % for Feb 2025. France Mortgage Rate: Avg: Consumer: Up to 1 Year data is updated monthly, averaging 3.120 % from Jan 2003 (Median) to Mar 2025, with 267 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.M007: Mortgage Rate. http://www.banque-france.fr/gb/stat_conjoncture/series/statmon/html/statmon.htm [COVID-19-IMPACT]

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

Bank Lending Rate in France decreased to 3.68 percent in May from 3.86 percent in April of 2025. This dataset provides the latest reported value for - France Bank Lending Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

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

Austria Lending Rate: NB: Households: Mortgage: Rate Fixation: YoY data was reported at 3.760 % in Mar 2025. This records a decrease from the previous number of 3.860 % for Feb 2025. Austria Lending Rate: NB: Households: Mortgage: Rate Fixation: YoY data is updated monthly, averaging 3.160 % from Jan 2003 (Median) to Mar 2025, with 267 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.M004: Lending Rates.

The dataset shows structure of interest rates

Note: 1. For the year 1995-96, interest rate on deposits of maturity above 3 years, and from 1996-97 onwards, interest rates on deposit for all the maturities refer to the deposit rates of 5 major public sector banks as at end-March. 2. From 1994-95 onwards, data on minimum general key lending rates prescribed by RBI refers to the prime lending rates of 5 major public sector banks. 3. For 2011-12, data on deposit rates and Base rates of 5 major public sector banks refer to the period up to July 31, 2010. From July 1, 2010 BPLR System is replaced by Base Rate System. Accordingly the data reflects the Base Rate of five major public sector banks. Data for 2010-11 for Call/Notice Money rates are average of April-July 2010. 4. Data for dividend rate and yield rate for units of UTI are based on data received from Unit Trust of India. 5. Data on annual(gross) redemption yield of Government of India securities are based on redemption yield which is computed from 2000-01 as the mean of the daily weighted average yield of the transactions in each traded security. The weight is calculated as the share of the transaction in a given security in the aggregated value. 6. Data on prime lending rates for IDBI, IFCI and ICICI for the year 1999-00 relates to long-term prime lending rates in January 2000. 7. Data on prime lending rates for State Financial Corporation for all the years and for other term lending institutions from 2002-03 onwards relate to long-term (over 36-month) PLR. 8. Data on prime lending rate of IIBI/ IRBI from 2003-04 onwards relate to single PLR effective July 31, 2003. 9. IDBI ceased to be term lending institution on its conversion into a banking entity effective October 11, 2004. 10. ICICI ceased to be a term-lending institution after its merger with ICICI Bank. 11. Figures in brackets indicate lending rate charged to small-scale industries. 12. IFCI has become a non-bank financial company. 13. IIBI is in the process of voluntary winding up.

Graph and download economic data for Expenditures: Mortgage Interest and Charges by Income Before Taxes: $120,000 to $149,999 (CXUOWNMORTGLB0216M) from 2003 to 2015 about mortgage, tax, expenditures, interest, income, and USA.

Graph and download economic data for Expenditures: Mortgage Interest and Charges by Income Before Taxes: $80,000 to $99,999 (CXUOWNMORTGLB0213M) from 2003 to 2015 about mortgage, tax, expenditures, interest, income, and USA.

Mortgage credit interest rate, percent in Euro area, March, 2025 The most recent value is 2.42 percent as of March 2025, a decline compared to the previous value of 2.44 percent. Historically, the average for Euro area from January 2003 to March 2025 is 3.36 percent. The minimum of 1.61 percent was recorded in January 2022, while the maximum of 5.6 percent was reached in January 2003. | TheGlobalEconomy.com