Dominica: Mortgage credit interest rate
* indicates monthly or quarterly data series
The most recent value is 7.75 percent as of December 2019, no change compared to the previous value of 7.75 percent. Historically, the average for Dominica from March 2009 to December 2019 is 7.46 percent. The minimum of 7 percent was recorded in March 2016, while the maximum of 7.75 percent was reached in October 2016.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: East Carribean Central Bank
| Recent values | Dominica: Mortgage credit interest rate, percent |
|---|---|
| 2019 Dec | 7.75 |
| 2019 Nov | 7.75 |
| 2019 Oct | 7.75 |
| 2019 Sep | 7.75 |
| 2019 Aug | 7.75 |
| 2019 Jul | 7.75 |
| 2019 Jun | 7.75 |
| 2019 May | 7.75 |
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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.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 3.5 | 2023 | percent |
| Exchange rate regimes | 2 | 2022 | index points |
| USD exchange rate | 2.7026 | 11/2024 | Local Currency Units per USD |
| Money supply (broad money) | 1.55 | 12/2019 | billion |
| Consumer Price Index (CPI) | 121.4700 | 6/2024 | index points |
| Inflation, monthly | -0.45 | 6/2024 | percent |
| Inflation, annual | 2.62 | 6/2024 | percent |
| Private sector credit | 0.67 | 12/2019 | billion |
| Business credit | 0.26 | 12/2019 | billion |
| Household credit | 0.41 | 12/2019 | billion |
| Mortgage credit | 0.28 | Q4/2019 | billion |
| Consumer credit | 0.13 | Q4/2019 | billion |
| Deposit interest rate | 0.55 | 12/2020 | percent |
| Business credit interest rate | 11.00 | 12/2020 | percent |
| Mortgage credit interest rate | 7.75 | 12/2019 | percent |