In August, the median interest rate on variable rate housing loans set by city banks in Japan stood at about 2.48 percent per annum, remaining at the same level as in previous years and months. The short-term prime lending rate serves as a benchmark for adjustable rate home loan rates.
Median interest rate on variable rate housing loans in Japan from January 2019 to August 2024
Characteristic
Median interest rate in percent per annum
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as of the 1st of each month; values have been rounded
Supplementary notes
Median value of floating interest rates for housing loans provided by city banks (Mizuho Bank, MUFG Bank, Sumitomo Mitsui Banking Corporation, Resona Bank, and Saitama Resona Bank).
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Housing Finance Promotion Association. (August 9, 2024). Median interest rate on variable rate housing loans in Japan from January 2019 to August 2024 [Graph]. In Statista. Retrieved September 16, 2024, from https://www.statista.com/statistics/1487986/japan-monthly-interest-rate-on-variable-rate-housing-loans-median/
Housing Finance Promotion Association. "Median interest rate on variable rate housing loans in Japan from January 2019 to August 2024." Chart. August 9, 2024. Statista. Accessed September 16, 2024. https://www.statista.com/statistics/1487986/japan-monthly-interest-rate-on-variable-rate-housing-loans-median/
Housing Finance Promotion Association. (2024). Median interest rate on variable rate housing loans in Japan from January 2019 to August 2024. Statista. Statista Inc.. Accessed: September 16, 2024. https://www.statista.com/statistics/1487986/japan-monthly-interest-rate-on-variable-rate-housing-loans-median/
Housing Finance Promotion Association. "Median Interest Rate on Variable Rate Housing Loans in Japan from January 2019 to August 2024." Statista, Statista Inc., 9 Aug 2024, https://www.statista.com/statistics/1487986/japan-monthly-interest-rate-on-variable-rate-housing-loans-median/
Housing Finance Promotion Association, Median interest rate on variable rate housing loans in Japan from January 2019 to August 2024 Statista, https://www.statista.com/statistics/1487986/japan-monthly-interest-rate-on-variable-rate-housing-loans-median/ (last visited September 16, 2024)
Median interest rate on variable rate housing loans in Japan from January 2019 to August 2024 [Graph], Housing Finance Promotion Association, August 9, 2024. [Online]. Available: https://www.statista.com/statistics/1487986/japan-monthly-interest-rate-on-variable-rate-housing-loans-median/
