Netherlands Long Term Interest Rate Monthly Insights: ECB Long Term Interest Rates (2024)

FAQs

What is the long term interest rate in the Netherlands? ›

Netherlands Long Term Interest Rate (I:NLTIR)

Netherlands Long Term Interest Rate is at 2.53%, compared to 2.76% last month and 2.92% last year. This is lower than the long term average of 3.24%.

Fixed Rate Tender: 4.25%

Dutch Mortgage Interest Rates: 3,56% August 2024 | Roel Wonders.

The interest rates on the main refinancing operations and the marginal lending facility will be decreased to 3.65% and 3.90% respectively. The changes will take effect from 18 September 2024.

In September 2023, Hungary's central bank set its key interest rate at 13 percent, the highest in the EU at the time. Despite regular rate cuts thereafter, Hungary still had the highest interest rate in the EU at 6.75 percent as of August 2024.

Definition. Long-term interest rates refer to government bonds maturing in ten years. Rates are mainly determined by the price charged by the lender, the risk from the borrower and the fall in the capital value. Long-term interest rates are generally averages of daily rates, measured as a percentage.

In the Eurosystem, the three key ECB interest rates are: (1) the rate on the main refinancing operations, which determines the interest rate applied in the regular lending operations conducted by the Eurosystem to provide liquidity to the banking system; (2) the deposit rate, which is the rate banks receive for ...

Forecasters expected the interest rate on the ECB's main refinancing operations (MROs) to fall to 4.0% in the third quarter of 2024, 3.5% in the fourth quarter of 2024, 3.0% in 2025 and 2.5% in 2026.

In the euro area, as in other monetary unions, the official interest rate set by the central bank is uniform across countries participating in the union. In addition, in an integrated market such as the euro area, cross-country spreads between hom*ogeneous financial market instruments are typically small.

What is the interest rate in the Netherlands history? ›

Bank Lending Rate in Netherlands averaged 2.89 percent from 2003 until 2024, reaching an all time high of 6.26 percent in October of 2008 and a record low of 0.26 percent in May of 2022.

With the latest cut, the ECB's deposit rate will fall by 25 basis points to 3.5%. The refinancing rate, however, was cut by a much bigger 60 basis points to 3.65% in a long-flagged technical adjustment.

Mortgage rates should continue declining this year as the U.S. economy weakens, inflation cools and the Federal Reserve cuts interest rates. The 30-year fixed mortgage rate is expected to fall to the low-6% range through the end of 2024, potentially dipping into high-5% territory in 2025.

The reduction, to 3.5 percent from 3.75 percent, comes as inflation has slowed and the bank faces pressure to bolster the region's flagging economy.

Mortgage terms are often 30 years in the Netherlands. The main reason for this is that you are also entitled to a tax rebate on your mortgage interest payments for this amount of time.

The average interest rate for a fixed-rate mortgage in the Netherlands is currently around 4% to 5%.