Jamaica: Mortgage credit interest rate

(measure: percent, source: Bank of Jamaica)
Mortgage credit interest rate, percent in Jamaica, November, 2017: Data for that indicator for Jamaica are available from January 1996 to November 2017. During that period, the average value for Jamaica was 14.87 percent with a high of 34.71 percent in May 1996 and a low of 6.2 percent in October 2009. The source of the data for this indicator for Jamaica is: Bank of Jamaica. 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 Jamaica
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.