Mortgage interest rate in Hungary Q1 2013- Q2 2023
Among the factors that influence mortgage interest rates are inflation, economic growth, monetary policies, the bond market, the stability of lenders, and the overall conditions of the housing market. It can be seen that the mortgage interest rate in Hungary decreased overall with some fluctuation until the last quarter of 2021. Following an increase, it reached a value of 8.87 percent as of the second quarter of 2023. This was part of an overall trend of increasing mortgage interest rates in Europe.
