Mortgage interest rates in the UK were on a downward trend for more than a decade before soaring in 2022. In the fourth quarter of 2024, the average weighted interest rate stood at **** percent — nearly ***** 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 ***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 *** trillion euros.

Mortgage Approvals in the United Kingdom increased to 63.03 Thousand in May from 60.66 Thousand in April of 2025. This dataset provides the latest reported value for - United Kingdom Mortgage Approvals - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The total value of residential mortgage loans by banking and capital markets in the United Kingdom (UK) increased for three years in a row between 2019 and 2021. According to the forecast, the value of residential mortgages is to reach 1.6 trillion British pounds in 2022 and 1.75 billion British pounds in 2024.

Home Loans in the United Kingdom increased to 2054 GBP Million in May from -776 GBP Million in April of 2025. This dataset provides - United Kingdom Mortgage Lending- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The share of residential mortgage loans that are written-off in the United Kingdom (UK) in 2022 was ***** percent in 2023. In 2024, the mortgage write-offs share is forecast to rise to ***** percent, followed by a further increase to **** percent in 2025 and a decline to ***** percent in 2026. A written-off mortgages are non-performing loans that cannot be collected from the debtor.

United States Assets: Flow: AM: Multifamily Residential Mortgages data was reported at 8.071 USD bn in Sep 2018. This records a decrease from the previous number of 9.230 USD bn for Jun 2018. United States Assets: Flow: AM: Multifamily Residential Mortgages data is updated quarterly, averaging 0.110 USD bn from Dec 1951 (Median) to Sep 2018, with 268 observations. The data reached an all-time high of 20.945 USD bn in Dec 2017 and a record low of -4.542 USD bn in Mar 2004. United States Assets: Flow: AM: Multifamily Residential Mortgages data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s United States – Table US.AB027: Funds by Sector: Flows and Outstanding: Agency & GSE Backed Mortgage Pools.

United States Assets: Outs: AM: Multifamily Residential Mortgages data was reported at 311.141 USD bn in Mar 2018. This records an increase from the previous number of 299.069 USD bn for Dec 2017. United States Assets: Outs: AM: Multifamily Residential Mortgages data is updated quarterly, averaging 6.397 USD bn from Dec 1951 (Median) to Mar 2018, with 266 observations. The data reached an all-time high of 311.141 USD bn in Mar 2018 and a record low of 0.000 USD bn in Jun 1963. United States Assets: Outs: AM: Multifamily Residential Mortgages data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s USA – Table US.AB027: Funds by Sector: Flows and Outstanding: Agency & GSE Backed Mortgage Pools.

Graph and download economic data for All Sectors; One-to-Four-Family Residential Mortgages; Asset, Level (ASHMA) from Q4 1945 to Q1 2025 about mortgage, sector, assets, housing, and USA.

Graph and download economic data for Delinquency Rate on Single-Family Residential Mortgages, Booked in Domestic Offices, Banks Not Among the 100 Largest in Size by Assets (DRSFRMOBS) from Q1 1991 to Q1 2025 about domestic offices, delinquencies, 1-unit structures, mortgage, family, residential, domestic, assets, banks, depository institutions, rate, and USA.

The United Kingdom, Germany, and France were the countries with the largest mortgage markets in Europe in 2024, when considering the value of loans outstanding. In the fourth quarter of the year, the UK had nearly *** billion euros worth of mortgages outstanding. Other countries with large mortgage markets included the Netherlands, Spain, Sweden, and Italy - all exceeding *** billion euros. One of the main drivers of mortgage activity is the cost of borrowing. In 2022, interest rates increased dramatically across Europe. Ireland, and Germany remained among the few countries with an average interest rate under four percent.

United States Assets: Outs: Mortgages: Multifamily Residential (MRP) data was reported at 1,331.547 USD bn in Mar 2018. This records an increase from the previous number of 1,310.729 USD bn for Dec 2017. United States Assets: Outs: Mortgages: Multifamily Residential (MRP) data is updated quarterly, averaging 184.481 USD bn from Dec 1951 (Median) to Mar 2018, with 266 observations. The data reached an all-time high of 1,331.547 USD bn in Mar 2018 and a record low of 10.642 USD bn in Dec 1951. United States Assets: Outs: Mortgages: Multifamily Residential (MRP) data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s USA – Table US.AB054: Funds by Instruments: Flows and Outstanding: Multifamily Residential Mortgages.

United States - All Sectors; Multifamily Residential Mortgages; Asset, Level was 2315752.00000 Mil. of $ in January of 2025, according to the United States Federal Reserve. Historically, United States - All Sectors; Multifamily Residential Mortgages; Asset, Level reached a record high of 2315752.00000 in January of 2025 and a record low of 4922.00000 in October of 1945. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - All Sectors; Multifamily Residential Mortgages; Asset, Level - last updated from the United States Federal Reserve on July of 2025.

Graph and download economic data for All Sectors; One-to-Four-Family Residential Mortgages; Asset, Level (BOGZ1FL893065105A) from 1945 to 2024 about mortgage, sector, assets, housing, and USA.

United States - GSEs and Agency- and GSE-Backed Mortgage Pools; One-to-Four-Family Residential Mortgages; Asset, Transactions was 222740.00000 Mil. of $ in January of 2025, according to the United States Federal Reserve. Historically, United States - GSEs and Agency- and GSE-Backed Mortgage Pools; One-to-Four-Family Residential Mortgages; Asset, Transactions reached a record high of 919478.00000 in April of 2021 and a record low of -38463.00000 in July of 2011. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - GSEs and Agency- and GSE-Backed Mortgage Pools; One-to-Four-Family Residential Mortgages; Asset, Transactions - last updated from the United States Federal Reserve on July of 2025.

United States - Federal Government; One-to-Four-Family Residential Mortgages Held by FHA; Asset, Transactions was 5780.00000 Mil. of $ in January of 2025, according to the United States Federal Reserve. Historically, United States - Federal Government; One-to-Four-Family Residential Mortgages Held by FHA; Asset, Transactions reached a record high of 16668.00000 in July of 2022 and a record low of -5120.00000 in July of 1997. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Federal Government; One-to-Four-Family Residential Mortgages Held by FHA; Asset, Transactions - last updated from the United States Federal Reserve on July of 2025.

This dataset contains quarterly numbers of mortgages to first time buyers in England

This dataset contains quarterly number of mortgages to first time buyers in England. The data is owned by the Council of Mortgage Lenders (CML) and permission has been given to publish to ODC.

United States Assets: Flow: AM: saar: Multifamily Residential Mortgages data was reported at 36.920 USD bn in Jun 2018. This records a decrease from the previous number of 48.288 USD bn for Mar 2018. United States Assets: Flow: AM: saar: Multifamily Residential Mortgages data is updated quarterly, averaging 0.436 USD bn from Dec 1951 (Median) to Jun 2018, with 267 observations. The data reached an all-time high of 83.780 USD bn in Dec 2017 and a record low of -18.168 USD bn in Mar 2004. United States Assets: Flow: AM: saar: Multifamily Residential Mortgages data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s United States – Table US.AB027: Funds by Sector: Flows and Outstanding: Agency & GSE Backed Mortgage Pools.

The 10 largest mortgage lenders in the United Kingdom accounted for approximately 81 percent of the total market, with the top three alone accounting for 41 percent in 2023. Lloyds Banking Group had the largest market share of gross mortgage lending, with nearly 36.8 billion British pounds in lending in 2023. HSBC, which is the largest UK bank by total assets, ranked fourth. Development of the mortgage market In 2023, the value of outstanding in mortgage lending to individuals amounted to 1.6 trillion British pounds. Although this figure has continuously increased in the past, the UK mortgage market declined dramatically in 2023, registering the lowest value of mortgage lending since 2015. In 2020, the COVID-19 pandemic caused the market to contract for the first time since 2012. The next two years saw mortgage lending soar due to pent-up demand, but as interest rates soared, the housing market cooled, leading to a decrease in new loans of about 100 billion British pounds. The end of low interest rates In 2021, mortgage rates saw some of their lowest levels since recording began by the Bank of England. For a long time, this was particularly good news for first-time homebuyers and those remortgaging their property. Nevertheless, due to the rising inflation, mortgage rates started to rise in the second half of the year, resulting in the 10-year rate doubling in 2022.

United States Loan Officer Survey: SLD Moderately Weaker data was reported at 0.000 % in Apr 2018. This stayed constant from the previous number of 0.000 % for Oct 2017. United States Loan Officer Survey: SLD Moderately Weaker data is updated quarterly, averaging 0.000 % from Apr 2007 (Median) to Apr 2018, with 28 observations. The data reached an all-time high of 50.000 % in Oct 2008 and a record low of 0.000 % in Apr 2018. United States Loan Officer Survey: SLD Moderately Weaker data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s USA – Table US.KA051: Senior Loan Officer Opinion Survey: Residential Mortgage Loans. Senior Loan Officer Survey Questionnaire: Apart from normal seasonal variation, how has demand for sub prime mortgages to purchase homes changed over the past three months? From Apr-2009 to Apr-2012, the number of respondents is equals or fewer than 3 hence responses are not reported.

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.