Mortgage credit interest rate, percent in Dominican Republic, February, 2020
For that indicator, Central Bank of the Dominican Republic provides data for Dominican Republic from December 2005 to February 2020. The average value for Dominican Republic during that period was 13.28 percent with a minimum of 9.22 percent in January 2018 and a maximum of 22.59 percent in November 2008.
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Source: Central Bank of the Dominican Republic
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.