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Interest rate for new mortgages in Belgium with one and up to five years initial rate fixation from April 2019 to August 2023

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Source

Release date

September 2023

Region

Belgium

Survey time period

April 2019 to August 2023

Citation formats

Monthly interest rate for new mortgages Belgium rate fixation 1 to 5 years 2019-2023

Published by ÌÇÐÄÆƽâ°æ Research Department, Apr 16, 2024

The interest rate for new mortgages in Belgium with one and up to five years initial rate fixation increased substantially since the beginning of 2022. In August  2023, the interest rate was **** percent, up from just over *** percent in 2021. As a result of the rising borrowing costs, the total value of new mortgage credits saw a substantial decrease.

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Topics

Mortgages in the UKHousing market in the U.S.Mortgage industry in the U.S.Mortgage industry worldwide: developed marketsResidential real estate in Europe
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