* indicates monthly or quarterly data series

Mortgage credit interest rate, percent in the United Kingdom

, January 2004 - March 2021: For that indicator, we provide data for the United Kingdom from January 2004 to March 2021. The average value for the United Kingdom during that period was 3.52 percent with a minimum of 1.62 percent in May 2020 and a maximum of 6.11 percent in September 2008. 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 England

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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