Germany: Mortgage credit interest rate
* indicates monthly or quarterly data series
| Germany |
Mortgage credit interest rate, percent |
|---|---|
| Latest value | 3.88 |
| Reference | March 2023 |
| Measure | percent |
| Source | Deutsche Bundesbank |
For that indicator, we provide data for Germany from January 2003 to March 2023. The average value for Germany during that period was 3.15 percent with a minimum of 1.16 percent in December 2020 and a maximum of 5.48 percent in August 2008.
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Measure: percent
Source: Deutsche Bundesbank
Source: Deutsche Bundesbank
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.