Annual average interest rate on new mortgage loans in Austria 2007-2023

Published by Statista Research Department, Oct 9, 2024

The annual average interest rate on new residential loans in Austria continued to rise in 2023, after increasing for the first time in 2022 following a 10-year period of year-on-year decline. In 2023, the average mortgage rate stood at 3.87 percent, up from 1.2 percent in 2021, when rates were at their historical low. Conversely, in 2008, the interest rate on new loans was 5.32 percent.  

Annual average interest rate on new residential mortgage loans in Austria from 2007 to 2023

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Release date

August 2024

Region

Austria

Survey time period

2007 to 2023

Supplementary notes

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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