Average interest rate on new mortgage loans granted reached 4.04% in 2013 in Latvia, according to the National Statistical Office. This is 5.07% more than in the previous year.
Historically, average interest rate on new mortgage loans granted in Latvia reached an all time high of 10.5% in 2008 and an all time low of 3.85% in 2012.
Latvia has been ranked 11th within the group of 30 countries we follow in terms of average interest rate on new mortgage loans granted.
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