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.
Longer historical series
* indicates monthly or quarterly data series
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.