The mortgage interest rate in Finland generally decreased between 2014 and 2022, followed by an increase. Factors that influence mortgage interest rates include 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 Finland decreased to its lowest value of 0.69 percent in the fourth quarter of 2020 as part of an overall trend of falling mortgage interest rates in Europe. The mortgage interest rate has since risen to 3.93 percent by the first quarter of 2023.
Average mortgage interest rate in Finland from 4th quarter 2014 to 1st quarter 2023
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European Mortgage Federation. (July 17, 2023). Average mortgage interest rate in Finland from 4th quarter 2014 to 1st quarter 2023 [Graph]. In Statista. Retrieved November 09, 2024, from https://www.statista.com/statistics/614985/mortgage-interest-rate-finland-europe/
European Mortgage Federation. "Average mortgage interest rate in Finland from 4th quarter 2014 to 1st quarter 2023." Chart. July 17, 2023. Statista. Accessed November 09, 2024. https://www.statista.com/statistics/614985/mortgage-interest-rate-finland-europe/
European Mortgage Federation. (2023). Average mortgage interest rate in Finland from 4th quarter 2014 to 1st quarter 2023. Statista. Statista Inc.. Accessed: November 09, 2024. https://www.statista.com/statistics/614985/mortgage-interest-rate-finland-europe/
European Mortgage Federation. "Average Mortgage Interest Rate in Finland from 4th Quarter 2014 to 1st Quarter 2023." Statista, Statista Inc., 17 Jul 2023, https://www.statista.com/statistics/614985/mortgage-interest-rate-finland-europe/
European Mortgage Federation, Average mortgage interest rate in Finland from 4th quarter 2014 to 1st quarter 2023 Statista, https://www.statista.com/statistics/614985/mortgage-interest-rate-finland-europe/ (last visited November 09, 2024)
Average mortgage interest rate in Finland from 4th quarter 2014 to 1st quarter 2023 [Graph], European Mortgage Federation, July 17, 2023. [Online]. Available: https://www.statista.com/statistics/614985/mortgage-interest-rate-finland-europe/