Germany new mortgage rates, fixed for over 10 years
Germany new mortgage rates, fixed for over 10 years stood at 4.04% in Aug 2026, according to Deutsche Bundesbank. It is one of the indicators in the Bank interest rates table (Value · Monthly), with a complete series running from Jan 2003 to Aug 2026. The complete series with an interactive chart, free to download.
This indicator in the Bank interest rates table
| Indicator | 08-2026 | 07-2026 | 06-2026 | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | 12-2025 | 11-2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Housing loans to households | |||||||||||
| Business, Housing loans to households with an initial rate fixation of over 10 years, SUD119 | 4.04 | 3.92 | 3.98 | 3.97 | 3.91 | 3.74 | 3.82 | 3.84 | 3.73 | 3.72 | |
| Business, Housing loans to households with collateral and/or guarantees, SUD531 | 3.86 | 3.78 | 3.82 | 3.82 | 3.73 | 3.57 | 3.62 | 3.65 | 3.58 | 3.57 |
Understanding germany new mortgage rates, fixed for over 10 years
Ultra-long-horizon residential financing agreements define the boundaries of this lending category. The measurement observes the initial annualized cost charged to households locking in property loan terms for any duration exceeding a full decade. It acts as the definitive indicator for maximum-security retail borrowing, distinctly walled off from the shorter one-, five-, and ten-year brackets tracked elsewhere in the table. The scope is rigidly confined to fresh housing transactions for individuals, disregarding any business lending, unsecured consumer debt, or modifications to pre-existing mortgage contracts.
Analyzing period-on-period adjustments provides the sharpest insight into how lenders interpret long-range macroeconomic stability and funding constraints. Resorting to year-on-year comparisons obscures the nuanced, real-time recalibrations banks execute in response to structural shifts in capital markets. The series is compiled without seasonal smoothing, though the pricing of such extended commitments rarely reacts to predictable annual real estate cycles. Analysts frequently err by treating this open-ended category as homogenous; a structural shift in borrower preference from fifteen-year to thirty-year fixations will fundamentally alter the weighted aggregate even if underlying pricing matrices remain static. Revisions are practically non-existent, ensuring the first publication stands firm.
Frequently asked questions
- Is there an upper limit to the fixation periods included here?
- No strict ceiling exists, meaning fifteen-year, twenty-year, and fully fixed thirty-year residential contracts are all consolidated within this single measure.
- Does a twenty-year mortgage with a ten-year rate reset belong in this tier?
- Since the initial guaranteed period does not strictly exceed ten years, such a structure would be classified in the shorter sibling category.
- How do early repayment options influence this data?
- Complex prepayment penalties are priced directly into the initial contract by lenders, subtly elevating the average percentage observed in this long-term bracket.