Annual average interest rate on new mortgage loans in Czechia 2007-2023
The annual average interest rate on new residential loans in Czechia continued to increase in 2023 after a period of decline, reaching its highest levels on record. In 2023, the average mortgage rate stood at 5.88 percent, up from 4.61 percent the year before. On the other hand, the rate was at its lowest point in 2016, when it stood at 2.07 percent.