* indicates monthly or quarterly data series

Mortgage credit interest rate, percent in Canada

, July 2016 - February 2021: For that indicator, we provide data for Canada from July 2016 to February 2021. The average value for Canada during that period was 2.88 percent with a minimum of 2.6 percent in February 2021 and a maximum of 3.23 percent in May 2019. Click on the following link to see the values of Mortgage credit interest rate, percent around the world.
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Measure: percent
Source: Bank of Canada

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.
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