Average interest rate on new mortgage loans granted reached 4.11% in 2012 in Iceland, according to the National Statistical Office. This is 13.7% less than in the previous year.
Historically, average interest rate on new mortgage loans granted in Iceland reached an all time high of 6.03% in 2008 and an all time low of 4.11% in 2012.
Iceland has been ranked 16th within the group of 35 countries we follow in terms of average interest rate on new mortgage loans granted.
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