Annual average interest rate on new mortgage loans in Malta 2008-2023

Published by Statista Research Department, Oct 9, 2024

The annual average interest rate on new residential loans in Malta slightly declined in 2023, after increasing for the third year in a row in the previous year, following a long period of decline. From 2.58 percent in 2019, when mortgage rates were at their lowest, the average interest rate rose to 2.87 percent in 2022. That was the highest rate since 2015, when mortgage rates stood at 2.99 percent.  

Annual average interest rate on new residential mortgage loans in Malta from 2008 to 2023

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Release date

August 2024

Region

Malta

Survey time period

2008 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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