Germany secured new mortgage rates, fixed up to 1 year
Germany secured new mortgage rates, fixed up to 1 year stood at 4.31% 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 Jun 2010 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 collateral and/or guarantees, floating rate or initial rate fixation up to 1 year, SUD158 | 4.31 | 4.34 | 4.24 | 4.18 | 4.09 | 3.92 | 4.03 | 4.08 | 3.93 | 3.98 | |
| Business, Housing loans to households with collateral and/or guarantees, initial rate fixation of over 1 and up to 5 years, SUD159 | 3.89 | 3.8 | 3.81 | 3.76 | 3.67 | 3.49 | 3.5 | 3.48 | 3.45 | 3.41 |
Understanding germany secured new mortgage rates, fixed up to 1 year
Short-term protected residential lending is the explicit focus of this intersectional category. The data captures the annualized pricing for freshly originated household property loans that are both backed by concrete collateral and subject to interest adjustments within twelve months. This highly specific tranche separates itself from the broader secured aggregate by isolating purely variable agreements and ultra-short fixations. It deliberately excludes long-term fixed commitments, uncollateralized lending, and previously established mortgages currently undergoing renegotiation.
Assessing sequential month-on-month shifts offers the optimal strategy for observing how banks price immediate-term secured risk. Relying on year-on-year calculations severely distorts the narrative, as the variable nature of these contracts means their pricing benchmarks evolve rapidly within shorter windows. Unadjusted for seasonal variation, the series remains largely immune to calendar effects, driven instead by immediate liquidity conditions. A recurrent analytical misstep involves equating these figures directly with unsecured short-term consumer credit, ignoring the massive risk discount provided by the underlying property guarantee. Structural breaks occasionally emerge if regulatory definitions regarding acceptable short-term guarantees are heavily modified by central authorities.
Frequently asked questions
- Do variable-rate mortgages with property backing fall under this exact classification?
- Yes, fully floating structures secured by real estate are the primary component of this short-duration, highly responsive metric.
- Are short-term commercial property loans included in this subset?
- The scope is firmly restricted to private household borrowing, completely discarding any financing arrangements utilized by corporate entities.
- Why is collateralization crucial to this specific short-term rate?
- The presence of physical security heavily suppresses the default risk premium, drastically differentiating the cost from unsecured short-term household debt.