Mortgage interest rate in Germany
New mortgage loans in Germany carried an average interest rate of 4.09% in September 2026. The value for September 2026 is the highest since November 2023.
Germany, September 2026
4.09%
Change from August 2026
+0.08percentage points
Euro area, September 2026
3.62%p (Provisional)
Median of European Union (27 countries), September 2026
3.44%
Position in September 2026
4th of 21
Mortgage interest rate in Germany over time
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Germany
Euro area
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The chart loads when you scroll to it. The table below shows the same data.
The chart shows a calculation from the published values. The table below keeps the published values.
% per year. Source: ECB statistics. Gaps mean no published value; points are not joined across missing years.
| Period | Germany | Euro area |
|---|---|---|
| September 2026 | 4.09% | 3.62%p (Provisional value) |
| August 2026 | 4.01% | 3.60% |
| July 2026 | 3.93% | 3.52% |
| June 2026 | 3.95% | 3.48% |
| May 2026 | 3.93% | 3.45% |
| April 2026 | 3.84% | 3.43% |
| March 2026 | 3.72% | 3.35% |
| February 2026 | 3.77% | 3.37% |
| January 2026 | 3.77% | 3.36% |
| December 2025 | 3.71% | 3.30% |
| November 2025 | 3.70% | 3.30% |
| October 2025 | 3.71% | 3.30% |
| September 2025 | 3.74% | 3.32% |
| August 2025 | 3.71% | 3.33% |
| July 2025 | 3.68% | 3.28% |
| June 2025 | 3.68% | 3.29% |
| May 2025 | 3.66% | 3.30% |
| April 2025 | 3.69% | 3.26% |
| March 2025 | 3.60% | 3.31% |
| February 2025 | 3.58% | 3.33% |
| January 2025 | 3.52% | 3.14% |
| December 2024 | 3.56% | 3.35% |
| November 2024 | 3.59% | 3.44% |
| October 2024 | 3.65% | 3.50% |
| September 2024 | 3.73% | 3.59% |
| August 2024 | 3.83% | 3.69% |
| July 2024 | 3.92% | 3.70% |
| June 2024 | 3.95% | 3.73% |
| May 2024 | 3.91% | 3.76% |
| April 2024 | 3.86% | 3.77% |
| March 2024 | 3.83% | 3.77% |
| February 2024 | 3.88% | 3.83% |
| January 2024 | 3.85% | 3.86% |
| December 2023 | 4.05% | 4.01% |
| November 2023 | 4.22% | 4.06% |
| October 2023 | 4.18% | 3.99% |
| September 2023 | 4.12% | 3.95% |
| August 2023 | 4.14% | 3.90% |
| July 2023 | 4.02% | 3.80% |
| June 2023 | 4.06% | 3.77% |
Flags: p Provisional value . A dash means no value was published.
In short
- That is a change of +0.08 percentage points from 4.01% in August 2026.
- Since November 2025, when it was 3.70%, the figure has changed by +0.39 percentage points.
- Among the 21 countries with data for September 2026, Germany has the 4th highest value.
- The figure for the euro area in September 2026 was 3.62%.
More for Germany
All statistics for GermanySource and dates
Values are shown as published by the ECB. Changes between periods are calculated on this site.