Australia: Mortgage credit interest rate

(measure: percent, source: Reserve Bank of Australia)
* indicates monthly or quarterly data series

Mortgage credit interest rate, percent in Australia, May, 2019: For that indicator, Reserve Bank of Australia provides data for Australia from 2000 to 2019. The average value for Australia during that period was 6.4 percent with a minumum of 4.69 percent in September 2016 and a maximum of 9.32 percent in July 2008. Click on the following link to see the values of Mortgage credit interest rate, percent around the world.
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Measure: percent
Source: Reserve Bank of Australia

Definition: The mortgage credit interest rate is the average interest rate on mortgage loan products offered to individuals and households by the commercial banks in the country. The mortgage credit is a loan used to finance the purchase of real estate.
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