South Africa: Mortgage credit interest rate
* indicates monthly or quarterly data series
The most recent value is 11.25 percent as of November 2024, a decline compared to the previous value of 11.5 percent. Historically, the average for South Africa from January 1965 to November 2024 is 12.76 percent. The minimum of 7 percent was recorded in January 1965, while the maximum of 24 percent was reached in September 1998.
Click on the following link to see the values of: Mortgage credit interest rate around the world.
Select indicator
Download data from our database
* indicates monthly or quarterly data series
- Measure: percent
- 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.
- Source: South African Reserve Bank
| Recent values | South Africa: Mortgage credit interest rate, percent |
|---|---|
| 2024 Nov | 11.25 |
| 2024 Oct | 11.5 |
| 2024 Sep | 11.5 |
| 2024 Aug | 11.75 |
| 2024 Jul | 11.75 |
| 2024 Jun | 11.75 |
| 2024 May | 11.75 |
| 2024 Apr | 11.75 |
Download data from our database Other resources: All indicators for South Africa All indicators on the website Article: Are trade deficits bad for the economy? Article: Sources of economic growth Article: Currency values and investment returns All articles
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 3.2 | 2025 | percent |
| Exchange rate regimes | 7 | 2023 | index points |
| USD exchange rate | 16.1825 | 8/2026 | Local Currency Units per USD |
| Money supply (broad money) | 4,889.29 | 6/2026 | billion |
| Consumer Price Index (CPI) | 219.2759 | 6/2026 | index points |
| Inflation, monthly | 0.75 | 6/2026 | percent |
| Inflation, annual | 4.98 | 6/2026 | percent |
| Alcohol and tobacco inflation | 3.55 | 7/2026 | percent |
| Transport services inflation | 12.50 | 6/2026 | percent |
| Information and communication inflation | 1.57 | 6/2026 | percent |
| Restaurant and accommodation services inflation | 5.08 | 6/2026 | percent |
| Health care inflation | 3.64 | 6/2026 | percent |
| Education services inflation | 5.36 | 6/2026 | percent |
| Clothing and footwear inflation | 1.19 | 6/2026 | percent |
| Housing inflation | 4.13 | 6/2026 | percent |
| Private sector credit | 2,626.80 | 6/2026 | billion |
| Business credit | 2,626.80 | 6/2026 | billion |
| Household credit | 2,332.03 | 6/2026 | billion |
| Deposit interest rate | 8.12 | 12/2025 | percent |
| Mortgage credit interest rate | 11.25 | 11/2024 | percent |
| Policy rate | 7.00 | 7/2026 | percent |
| Household debt to GDP | 33.50 | 12/2025 | percent |
| Debt service ratios for private non-financial sector | 8.30 | Q4/2025 | percent |