{"format":"alysly-page/1","url":"https://alysly.com/interest-rates/mortgage-rates/","json":"https://alysly.com/json/interest-rates/mortgage-rates/index.json","lang":"en-US","title":"German Mortgage Rates Today | Housing Loan Rate History Since 2003","description":"Effective interest rate on new German housing loans (ECB MIR statistics) with history, compared to the 10-year Bund yield.","modified":"2026-09-01T00:00:00Z","alternates":[{"lang":"de-DE","url":"https://alysly.com/de/zinsen/bauzinsen/","json":"https://alysly.com/json/de/zinsen/bauzinsen/index.json"}],"about":"Machine-readable version of the page at url. It contains the text, tables and key figures published there, but not the interactive charts and tools.","breadcrumb":[{"name":"Rates & inflation","url":"https://alysly.com/interest-rates/"},{"name":"German Mortgage Rates","url":"https://alysly.com/interest-rates/mortgage-rates/"}],"content":[{"type":"heading","level":1,"text":"German Mortgage Rates"},{"type":"paragraph","text":"Mortgage rates do not follow the policy rate but long-dated Bund yields — banks refinance property loans through covered bonds priced in the capital market. The rate shown is the effective annual rate on new business across all fixed-rate periods, as reported monthly by the Bundesbank to the ECB. It is a robust market average, not a headline teaser rate."},{"type":"facts","items":[{"label":"Germany mortgage rates (new housing loans)","value":"4.00%"},{"label":"German 10-year government bond yield","value":"3.47%"}]},{"type":"paragraph","text":"As of August 2026 · series since Jan 1, 2003 (284 observations) · change vs previous +0.07."},{"type":"facts","items":[{"label":"All-time high","value":"5.48%"},{"label":"All-time low","value":"1.16%"},{"label":"Data starts","value":"Jan 1, 2003"},{"label":"Frequency","value":"monthly"}]},{"type":"paragraph","text":"Data note 1","href":"#dn-1"},{"type":"heading","level":2,"text":"History by Year"},{"type":"table","caption":"Year-end values","columns":["Year","Germany mortgage rates (new housing loans)","German 10-year government bond yield"],"rows":[["2026","4.00","3.47"],["2025","3.71","2.81"],["2024","3.57","2.18"],["2023","4.05","2.10"],["2022","3.52","2.09"],["2021","1.32","-0.38"],["2020","1.16","-0.62"],["2019","1.29","-0.30"],["2018","1.85","0.19"],["2017","1.79","0.30"],["2016","1.66","0.25"],["2015","1.95","0.55"],["2014","2.13","0.59"],["2013","2.81","1.80"],["2012","2.79","1.30"],["2011","3.49","1.93"],["2010","3.60","2.91"],["2009","4.06","3.14"],["2008","4.89","3.05"],["2007","5.21","4.21"],["2006","4.73","3.77"],["2005","4.28","3.34"],["2004","4.53","3.58"],["2003","4.98","4.29"]]},{"type":"heading","level":2,"text":"Relationship With Equity Markets"},{"type":"paragraph","text":"Correlation of changes, not of levels. Two series that both trend for years correlate almost perfectly in levels without any relationship following from it. Values near 0 mean no discernible co-movement."},{"type":"table","caption":"Correlations","columns":["Series","Strongest relationships"],"rows":[["Germany mortgage rates (new housing loans)","Bitcoin -0.18 n=108 · Nikkei 225 +0.03 n=199 Based on monthly changes"],["German 10-year government bond yield","Nikkei 225 +0.09 n=200 · Bitcoin -0.08 n=109 Based on monthly changes"]]},{"type":"heading","level":2,"text":"Matching Calculators"},{"type":"paragraph","text":"These tools work with exactly these figures:"},{"type":"list","ordered":false,"items":[{"text":"Mortgage Rate Calculator Estimate the monthly payment for a property loan and see the full amortization plan over …","href":"https://alysly.com/tools/bauzinsen/"},{"text":"Repayment Calculator How much debt remains after the fixed-rate period, and how long until the loan is fully …","href":"https://alysly.com/tools/tilgung/"},{"text":"Real Estate vs ETF Portfolio A rented property and a diversified ETF portfolio compared with the same capital, with …","href":"https://alysly.com/tools/immo-vs-etf/"},{"text":"Notary & Purchase Cost Calculator What extra costs come on top of the purchase price? Transfer tax, notary, land register …","href":"https://alysly.com/tools/notar/"}]},{"type":"heading","level":2,"text":"More Rate and Economy Series"},{"type":"paragraph","text":"ECB Policy Rate Inflation in Germany and the Euro Area German Savings Rates Government Bond Yields US Rates and Economy Labor Market: Germany and the US","links":[{"text":"ECB Policy Rate","href":"https://alysly.com/interest-rates/ecb-policy-rate/"},{"text":"Inflation in Germany and the Euro Area","href":"https://alysly.com/interest-rates/inflation/"},{"text":"German Savings Rates","href":"https://alysly.com/interest-rates/savings-rates/"},{"text":"Government Bond Yields","href":"https://alysly.com/interest-rates/bond-yields/"},{"text":"US Rates and Economy","href":"https://alysly.com/interest-rates/us-rates/"},{"text":"Labor Market: Germany and the US","href":"https://alysly.com/interest-rates/labor-market/"}]},{"type":"paragraph","text":"Updated Sep 1, 2026"},{"type":"heading","level":2,"id":"note-legend-h","text":"Data Notes"},{"type":"paragraph","text":"How the figures on this page are produced and how current they are. All calculations run automatically and are not investment advice."},{"type":"list","ordered":true,"items":[{"id":"dn-1","text":"Official time series, taken unchanged; the change column is the gap to the previous value."}]},{"type":"paragraph","text":"Data and methodology: Alysly · Responsible for content: Alexander Bock","links":[{"text":"Alysly","href":"https://alysly.com/methodology/"},{"text":"Alexander Bock","href":"https://alysly.com/about/"}]},{"type":"paragraph","text":"View all data notes","href":"https://alysly.com/notes/"}],"structured_data":[{"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://alysly.com/#org","name":"Alysly","url":"https://alysly.com/","logo":{"@type":"ImageObject","url":"https://alysly.com/img/icon-512.png","width":512,"height":512},"description":"Data-driven insights, transparent analysis and powerful tools for long-term investors.","email":"mail@alysly.com","contactPoint":{"@type":"ContactPoint","contactType":"customer support","email":"mail@alysly.com","availableLanguage":["de","en"]},"address":{"@type":"PostalAddress","addressLocality":"Haltern am See","postalCode":"45721","addressCountry":"DE"},"founder":{"@id":"https://alysly.com/#founder"},"sameAs":["https://www.linkedin.com/company/alyslycom/","https://www.youtube.com/@alyslycom","https://x.com/alyslycom"],"publishingPrinciples":"https://alysly.com/methodology/"},{"@type":"Person","@id":"https://alysly.com/#founder","name":"Alexander Bock","jobTitle":"Founder and data analyst","url":"https://alysly.com/about/","sameAs":["https://www.linkedin.com/in/abxk/"]},{"@type":"WebSite","@id":"https://alysly.com/#site","url":"https://alysly.com/","name":"Alysly","alternateName":"Alysly Investment Analysis","inLanguage":"en-US","publisher":{"@id":"https://alysly.com/#org"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://alysly.com/markets/stocks/browse/?q={search_term_string}"},"query-input":"required name=search_term_string"}},{"@type":"WebPage","@id":"https://alysly.com/interest-rates/mortgage-rates/#webpage","url":"https://alysly.com/interest-rates/mortgage-rates/","name":"German Mortgage Rates – Alysly","description":"Effective interest rate on new German housing loans (ECB MIR statistics) with history, compared to the 10-year Bund yield.","inLanguage":"en-US","isPartOf":{"@id":"https://alysly.com/#site"},"dateModified":"2026-09-01T00:00:00Z","publisher":{"@id":"https://alysly.com/#org"},"mainEntity":{"@id":"https://alysly.com/interest-rates/mortgage-rates/#entity"},"primaryImageOfPage":{"@type":"ImageObject","url":"https://alysly.com/og.png","width":1200,"height":630}}]},{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Rates & inflation","item":"https://alysly.com/interest-rates/"},{"@type":"ListItem","position":2,"name":"German Mortgage Rates"}]},{"@context":"https://schema.org","@type":"Dataset","@id":"https://alysly.com/interest-rates/mortgage-rates/#entity","name":"Germany mortgage rates (new housing loans)","description":"Effective interest rate on new German housing loans (ECB MIR statistics) with history, compared to the 10-year Bund yield.","url":"https://alysly.com/interest-rates/mortgage-rates/","inLanguage":"en-US","license":"© Europäische Zentralbank, freie Weiterverwendung mit Quellenangabe","creator":{"@type":"Organization","name":"ECB","url":"https://data.ecb.europa.eu/data/datasets/MIR"},"publisher":{"@id":"https://alysly.com/#org"},"isAccessibleForFree":true,"temporalCoverage":"2003-01-01/2026-08-01","dateModified":"2026-08-01","measurementTechnique":"Official statistics","variableMeasured":{"@type":"PropertyValue","name":"Germany mortgage rates (new housing loans)","unitText":"%","value":4,"measurementTechnique":"ECB"}}],"notice":"© 2026 Alysly.com. Not investment advice. All data without guarantee. Financial information is analyzed and presented partly with AI assistance."}