Mortgage Rate in Australia decreased to 5.97 percent in April from 6.27 percent in March of 2023. source: Reserve Bank of Australia

Mortgage Rate in Australia averaged 6.87 Percent from 1990 until 2023, reaching an all time high of 15.50 Percent in September of 1990 and a record low of 2.14 Percent in March of 2021. This page includes a chart with historical data for Australia Mortgage Rate. Australia Mortgage Rate - values, historical data and charts - was last updated on June of 2023.

Mortgage Rate in Australia is expected to be 5.97 Percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Mortgage Rate is projected to trend around 4.97 Percent in 2024 and 4.47 Percent in 2025, according to our econometric models.

Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
Australia Mortgage Rate

Australia Mortgage Rate
In Australia, the mortgage rate refers to 3-year bank lending rate on housing loans.
Actual Previous Highest Lowest Dates Unit Frequency
5.97 6.27 15.50 2.14 1990 - 2023 Percent Monthly