The annual average interest rate on new residential loans in Lithuania increased in 2023, having reached the highest rate recorded in the past decade. In 2023, the average mortgage rate stood at 5.45 percent, up from 2.76 percent the year before. Mortgage borrowing was most affordable in 2015, when the interest rate amounted to 1.88 percent.
Annual average interest rate on new residential mortgage loans in Lithuania from 2006 to 2023
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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European Mortgage Federation. (September 5, 2024). Annual average interest rate on new residential mortgage loans in Lithuania from 2006 to 2023 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/916154/annual-average-interest-rate-on-new-residential-loans-in-lithuania/
European Mortgage Federation. "Annual average interest rate on new residential mortgage loans in Lithuania from 2006 to 2023." Chart. September 5, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/916154/annual-average-interest-rate-on-new-residential-loans-in-lithuania/
European Mortgage Federation. (2024). Annual average interest rate on new residential mortgage loans in Lithuania from 2006 to 2023. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/916154/annual-average-interest-rate-on-new-residential-loans-in-lithuania/
European Mortgage Federation. "Annual Average Interest Rate on New Residential Mortgage Loans in Lithuania from 2006 to 2023." Statista, Statista Inc., 5 Sep 2024, https://www.statista.com/statistics/916154/annual-average-interest-rate-on-new-residential-loans-in-lithuania/
European Mortgage Federation, Annual average interest rate on new residential mortgage loans in Lithuania from 2006 to 2023 Statista, https://www.statista.com/statistics/916154/annual-average-interest-rate-on-new-residential-loans-in-lithuania/ (last visited November 21, 2024)
Annual average interest rate on new residential mortgage loans in Lithuania from 2006 to 2023 [Graph], European Mortgage Federation, September 5, 2024. [Online]. Available: https://www.statista.com/statistics/916154/annual-average-interest-rate-on-new-residential-loans-in-lithuania/
