15:08 22 February 2025
Polish Mortgage Rates Highest in the EU
Poland currently has the highest mortgage interest rates in the European Union, with an average rate of 8.04 percent. These places Polish borrowers in a significantly more challenging financial position compared to other EU countries. The second-highest rate is recorded in Hungary, at 6.75 percent, while in Western European nations such as France and Germany, mortgage rates remain much lower, averaging 1.1 percent and 1.5 percent, respectively.
The steep borrowing costs in Poland result from tight monetary policies aimed at curbing inflation, as well as the impact of economic instability on financial markets. For many Polish citizens, high interest rates mean reduced affordability in the housing market, limiting access to homeownership and increasing monthly repayment burdens.
