Libya registered the lowest mortgage interest rate in South Africa in 2022, at five percent. At the other end of the scale was Zimbabwe, where the prevailing mortgage rate was 50 percent. In Ghana, the second to last country in the ranking, interest rates on housing loans averaged 26 percent.
Prevailing mortgage interest rates in Africa in 2022, by country
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Statistics
Centre for Affordable Housing Finance in Africa. (November 28, 2022). Prevailing mortgage interest rates in Africa in 2022, by country [Graph]. In Statista. Retrieved September 25, 2023, from https://www.statista.com/statistics/789843/mortgage-interest-rates-africa-by-country/
Centre for Affordable Housing Finance in Africa. "Prevailing mortgage interest rates in Africa in 2022, by country." Chart. November 28, 2022. Statista. Accessed September 25, 2023. https://www.statista.com/statistics/789843/mortgage-interest-rates-africa-by-country/
Centre for Affordable Housing Finance in Africa. (2022). Prevailing mortgage interest rates in Africa in 2022, by country. Statista. Statista Inc.. Accessed: September 25, 2023. https://www.statista.com/statistics/789843/mortgage-interest-rates-africa-by-country/
Centre for Affordable Housing Finance in Africa. "Prevailing Mortgage Interest Rates in Africa in 2022, by Country." Statista, Statista Inc., 28 Nov 2022, https://www.statista.com/statistics/789843/mortgage-interest-rates-africa-by-country/
Centre for Affordable Housing Finance in Africa, Prevailing mortgage interest rates in Africa in 2022, by country Statista, https://www.statista.com/statistics/789843/mortgage-interest-rates-africa-by-country/ (last visited September 25, 2023)
Prevailing mortgage interest rates in Africa in 2022, by country [Graph], Centre for Affordable Housing Finance in Africa, November 28, 2022. [Online]. Available: https://www.statista.com/statistics/789843/mortgage-interest-rates-africa-by-country/