# German mortgage rates reach highest level since 2009 as Iran war fuels inflation fears

https://mins.news/en/item/107561

- euronews, 2026-10-20 09:04 UTC
- Economy
- Original: https://www.euronews.com/2026/10/20/german-mortgage-rates-climb-to-highest-since-2009-as-iran-war-stokes-inflation-fears

> German mortgages are now at their most expensive since 2009, with average rates on ten-year loans nearing 4.5%, broker Interhyp says. Inflation concerns stoked by the Iran war are driving up borrowing costs.

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