Mortgage credit interest rate, percent
| Latest value
| Data availability
||March 2011 - September 2023
| Min - Max
||6.63 - 11.87
Central Bank of Brazil
For that indicator, we provide data for Brazil from March 2011 to September 2023. The average value for Brazil during that period was 8.96 percent with a minimum of 6.63 percent in May 2021 and a maximum of 11.87 percent in July 2023.
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Source: Central Bank of Brazil
Definition: The mortgage credit interest rate is the average interest rate on mortgage loan products offered to individuals and households by the commercial banks in the country. The mortgage credit is a loan used to finance the purchase of real estate.