Brazil: Mortgage credit interest rate
* indicates monthly or quarterly data series
| Brazil |
Mortgage credit interest rate, percent |
|---|---|
| Latest value | 10.12 |
| Reference | September 2022 |
| Measure | percent |
| Source | Central Bank of Brazil |
For that indicator, we provide data for Brazil from March 2011 to September 2022. The average value for Brazil during that period was 8.79 percent with a minimum of 6.64 percent in May 2021 and a maximum of 11.34 percent in July 2016.
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Measure: percent
Source: Central Bank of Brazil
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.