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. The mortgage interest rate in Romania fluctuated during the period under observation with an upward trend from the second quarter of 2017 onwards. The first quarter of 2023 reached the highest value recorded - 7.85 percent, by the first quarter of 2024 it slightly dropped to 6.69 percent.
Mortgage interest rate in Romania from 4th quarter 2014 to 1st quarter 2024
Recalculation of the interest rate as a weighted average of interest rates in local currency and euro (previously weighted average only of euro denominated mortgages). Data break from Q1 2014. Data prior to 4th quarter 2015 was collected from previous reports.
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European Mortgage Federation. (August 22, 2024). Mortgage interest rate in Romania from 4th quarter 2014 to 1st quarter 2024 [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/615020/mortgage-interest-rate-romania-europe/
European Mortgage Federation. "Mortgage interest rate in Romania from 4th quarter 2014 to 1st quarter 2024." Chart. August 22, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/615020/mortgage-interest-rate-romania-europe/
European Mortgage Federation. (2024). Mortgage interest rate in Romania from 4th quarter 2014 to 1st quarter 2024. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/615020/mortgage-interest-rate-romania-europe/
European Mortgage Federation. "Mortgage Interest Rate in Romania from 4th Quarter 2014 to 1st Quarter 2024." Statista, Statista Inc., 22 Aug 2024, https://www.statista.com/statistics/615020/mortgage-interest-rate-romania-europe/
European Mortgage Federation, Mortgage interest rate in Romania from 4th quarter 2014 to 1st quarter 2024 Statista, https://www.statista.com/statistics/615020/mortgage-interest-rate-romania-europe/ (last visited December 21, 2024)
Mortgage interest rate in Romania from 4th quarter 2014 to 1st quarter 2024 [Graph], European Mortgage Federation, August 22, 2024. [Online]. Available: https://www.statista.com/statistics/615020/mortgage-interest-rate-romania-europe/