The annual average interest rate on new residential loans in Spain increased in for the first time in 2022 after a 10-year-long period of year-on-year decrease. In 2022, the average mortgage rate was 1.96 percent, up from 1.49 percent the year before. Despite the increase, 2022 had the third-lowest interest rate.
Annual average interest rate on new residential mortgage loans in Spain from 2006 to 2022
Characteristic
Annual average interest rate
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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. (August 28, 2023). Annual average interest rate on new residential mortgage loans in Spain from 2006 to 2022 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/916392/annual-average-interest-rate-on-new-residential-loans-in-spain/
European Mortgage Federation. "Annual average interest rate on new residential mortgage loans in Spain from 2006 to 2022." Chart. August 28, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/916392/annual-average-interest-rate-on-new-residential-loans-in-spain/
European Mortgage Federation. (2023). Annual average interest rate on new residential mortgage loans in Spain from 2006 to 2022. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/916392/annual-average-interest-rate-on-new-residential-loans-in-spain/
European Mortgage Federation. "Annual Average Interest Rate on New Residential Mortgage Loans in Spain from 2006 to 2022." Statista, Statista Inc., 28 Aug 2023, https://www.statista.com/statistics/916392/annual-average-interest-rate-on-new-residential-loans-in-spain/
European Mortgage Federation, Annual average interest rate on new residential mortgage loans in Spain from 2006 to 2022 Statista, https://www.statista.com/statistics/916392/annual-average-interest-rate-on-new-residential-loans-in-spain/ (last visited July 22, 2024)
Annual average interest rate on new residential mortgage loans in Spain from 2006 to 2022 [Graph], European Mortgage Federation, August 28, 2023. [Online]. Available: https://www.statista.com/statistics/916392/annual-average-interest-rate-on-new-residential-loans-in-spain/
