Monthly interest rate for new mortgages Belgium rate fixation 1 to 5 years 2019-2022
The interest rate for new mortgages in Belgium with one and up to five years initial rate fixation increased substantially since the beginning of 2022. In October 2022, the interest rate was 3.37 percent, up from 2.09 the year before. As a result of the rising borring costs, the total value of new mortgage credits saw a substantial decrease.
