Mortgage credit interest rate by country: the latest data

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. The table shows the latest available data from the national authorities as well as the values from three months ago and one year ago. The data are updated continuously.

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.

Countries	Latest available value	Reference date	Value 3 months ago	Value 12 months ago
Albania	4.53	Dec / 2022	4.37	3.42
Antigua and Barbuda	8.00	Dec / 2019	8.00	8.00
Argentina	82.17	Jun / 2023	65.51	31.94
Armenia	12.53	Jun / 2023	12.50	11.51
Aruba	5.20	Q2 / 2023	5.20	5.30
Australia	7.59	Jul / 2023	7.01	5.76
Austria	3.94	Jun / 2023	3.60	1.64
Bahamas	5.19	Q2 / 2023	5.14	5.29
Bahrain	5.64	Jun / 2023	5.72	5.07
Bangladesh	8.73	Jun / 2023	8.74	8.85
Belgium	2.70	Jun / 2023	2.43	1.78
Benin	9.03	Jun / 2023	8.41	6.79
Bhutan	10.54	Jun / 2023	10.54	10.54
Bosnia and Herzegovina	4.45	Jun / 2023	4.17	3.55
Brazil	11.49	Jun / 2023	11.00	10.14
Bulgaria	2.81	Jun / 2023	2.82	2.89
Burkina Faso	6.68	Jun / 2023	7.63	7.56
Canada	4.44	Jun / 2023	4.27	2.81
Chile	4.20	Jun / 2023	4.31	4.32
Costa Rica	9.31	Mar / 2023	8.67	6.15
Croatia	2.85	Jun / 2023	2.87	2.99
Cyprus	3.59	Jun / 2023	3.32	1.81
Czechia	2.94	Jun / 2023	2.81	2.53
Denmark	4.84	Jun / 2023	4.37	2.58
Dominica	7.75	Dec / 2019	7.75	7.75
Dominican Republic	11.03	Jun / 2023	12.24	11.06
El Salvador	7.44	Jun / 2023	7.48	7.08
Estonia	5.39	Jun / 2023	4.84	2.15
Euro area	2.24	Jun / 2023	2.09	1.63
Finland	3.39	Jun / 2023	2.64	0.92
France	3.04	Jun / 2023	2.54	1.35
Georgia	11.84	Jun / 2023	12.98	12.49
Germany	4.06	Jun / 2023	3.88	2.57
Greece	4.07	Jun / 2023	3.78	3.09
Grenada	7.00	Dec / 2019	7.00	7.25
Guinea-Bissau	10.40	Jun / 2023	8.18	8.00
Hungary	5.09	Jun / 2023	4.94	4.62
Ireland	3.62	Jun / 2023	3.45	2.66
Italy	2.92	Jun / 2023	2.66	1.63
Ivory Coast	7.40	Jun / 2023	7.91	5.20
Jamaica	7.36	Jul / 2023	7.15	6.97
Kazakhstan	8.66	Dec / 2022	8.16	8.57
Latvia	7.31	Jun / 2023	6.76	4.95
Liberia	13.38	Q3 / 2022	13.38	13.22
Lithuania	5.31	Jun / 2023	4.52	2.04
Luxembourg	2.70	Jun / 2023	2.42	1.58
North Macedonia	3.61	Jun / 2023	3.56	3.51
Mali	8.47	Jun / 2023	7.88	8.10
Malta	2.72	Jun / 2023	2.65	2.77
Moldova	11.55	Jun / 2023	12.32	9.93
Montenegro	4.94	Jun / 2023	4.88	4.53
Montserrat	6.88	Dec / 2019	6.88	6.88
Nepal	12.43	Jul / 2023	13.13	11.62
Netherlands	2.45	Jun / 2023	2.40	2.25
New Zealand	7.33	Jul / 2023	7.14	6.13
Niger	9.61	Jun / 2023	8.85	8.98
Norway	4.66	Jun / 2023	4.22	2.41
Paraguay	10.87	Jun / 2023	11.44	10.24
Peru	7.09	Jun / 2023	6.99	6.65
Poland	7.32	Jun / 2023	7.44	7.16
Portugal	3.99	Jun / 2023	3.25	1.07
Romania	8.17	Jun / 2023	8.08	5.88
Russia	9.20	Nov / 2019	9.90	0.00
Saint Lucia	10.00	Dec / 2019	10.00	10.00
Saint Vincent and the Grenadines	8.00	Dec / 2019	8.00	8.00
Senegal	8.27	Mar / 2023	6.00	6.80
Serbia	10.09	Jun / 2023	10.07	6.65
Slovakia	3.90	Jun / 2023	3.69	1.79
Slovenia	3.77	Jun / 2023	3.41	1.97
South Africa	11.75	May / 2023	10.75	8.25
South Korea	4.26	Jun / 2023	4.40	4.04
Spain	3.19	Jun / 2023	2.70	1.24
Suriname	13.63	Jun / 2023	13.29	13.30
Sweden	3.43	Jun / 2023	3.02	1.61
Switzerland	3.02	Jun / 2023	3.11	2.75
Togo	8.20	Jun / 2023	8.26	6.97
Tonga	8.10	Q2 / 2022	8.10	8.11
Trinidad and Tobago	7.25	Q1 / 2023	7.25	7.50
Turkey	24.45	Jun / 2023	17.79	18.24
USA	6.39	Jun / 2023	5.94	5.27
Ukraine	13.17	Jun / 2023	13.37	10.26
United Kingdom	4.95	Jun / 2023	4.57	2.29
Vanuatu	16.25	Q4 / 2022	13.25	16.25