Annual average interest rate on new mortgage loans in Malta 2008-2022
The annual average interest rate on new residential loans in Malta increased for the third year in a row in 2022, after a long period of decline. From 2.58 percent in 2019, when mortgage rates were at their low, the average interest rate rose to 2.87 percent in 2022. That was the highest rate recorded since 2015, when mortgage rates stood at 2.99 percent.