Are mortgage interest rates high in 2026?

Rates feel high to anyone who remembers the ultra-cheap borrowing of a few years ago, but measured against the long run they are not. Belgian fixed rates for a 20 to 25 year loan sit at roughly 3% to 3.5% in 2026 and, importantly, have been stable (source: Batibouw and brokers, 2026). Stability matters as much as the level: buyers and banks can plan when the number is not lurching month to month.

The proof that rates are not throttling the market is in the transaction data. If borrowing costs were prohibitive, you would expect activity to fall. Instead, 2025 saw Walloon house prices rise 15.4% and transaction volumes climb around 16% to 17% in Liège and Namur (source: Notaire.be and Fednot, 2026). Demand at that strength is not the profile of a market crushed by expensive credit.

One Belgian feature is worth knowing: banks here rarely finance 100% of a purchase. A buyer normally needs own funds to cover the costs and part of the price, so budgeting is about the deposit as much as the rate. The counter-intuitive upside is that the 3% registration-duty reform freed up cash that helps meet exactly that own-funds requirement.

Rates shift with the market, and the spread between lenders can be wide, so a mortgage broker is worth consulting. Easyhome can point buyers toward brokers when needed.

At a glance