* indicates monthly or quarterly data series

Mortgage credit interest rate, percent in Australia

, January 2000 - March 2021: For that indicator, we provide data for Australia from January 2000 to March 2021. The average value for Australia during that period was 6.19 percent with a minimum of 3.7 percent in March 2021 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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