Annual average interest rate on new mortgage loans in Greece 2007-2023

Published by Statista Research Department, Oct 9, 2024

The annual average interest rate on new residential loans in Greece fluctuated between 2007 and 2023. Mortgage rates reached their lowest point in 2015, when the average rate stood at 2.62 percent. In 2023, mortgage rates increased dramatically, hitting 4.1 percent - the highest rate recorded since 2012. 

Annual average interest rate on new residential mortgage loans in Greece from 2007 to 2023

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Release date

August 2024

Region

Greece

Survey time period

2007 to 2023

Supplementary notes

Representative interest rates include six main types:

Weighted average interest rate on loans to households for house purchase.
Initial fixed period interest rate up to 1 year on loans for house purchase.
Initial fixed period interest rate over 1 and up to 5 years on loans for house purchase.
Initial fixed period interest rate over 5 and up to 10 years on loans for house purchase.
Initial fixed period interest rate of over 10 years on loans for house purchase.
Other.

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