Mortgage rates below 3%: good news for homebuyers in 2025!

Mortgage interest rates in the Netherlands have fallen for the second week in a row, and De Hypotheekshop predicts that this decline will continue throughout the year. Obvion, a Rabobank subsidiary, is currently offering a mortgage rate of 2.98% for owners of new-build homes with an energy label A++++, breaking the 3% barrier.

The main interest rate for homebuyers, fixed for 10 years with National Mortgage Guarantee (NHG), now averages 3.57%. This rate was lower early this year, but rose late last month due to market reactions to trade restrictions imposed by US President Donald Trump. After this period of turmoil, the market seems to be adapting better to Trump's unpredictable policies, said Oscar Noorlag of Van Bruggen Adviesgroep.

Mortgage rates are expected to fall further throughout 2025, especially if the European Central Bank (ECB) cuts rates in March, and possibly also in April and June. De Hypotheekshop points out that uncertainties such as the situation in the US, inflation, and geopolitical issues can affect interest rate trends.

Homebuyers are also currently experiencing cheaper interest rates for short-term fixed-rate periods than for longer terms, which is unusual. This may encourage them to opt for shorter periods.