* indicates monthly or quarterly data series

Mortgage credit interest rate, percent in New Zealand

, December 2004 - May 2021: For that indicator, we provide data for New Zealand from December 2004 to May 2021. The average value for New Zealand during that period was 6.41 percent with a minimum of 3.64 percent in February 2021 and a maximum of 9.81 percent in April 2008. Click on the following link to see the values of Mortgage credit interest rate, percent around the world.
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* indicates monthly or quarterly data series


Recent values


Longer historical series
Measure: percent
Source: Reserve Bank of New Zealand

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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