Australia: Mortgage credit interest rate

* indicates monthly or quarterly data series
 Australia

Mortgage credit interest rate, percent

 Latest value 5.76
 Reference July 2022
 Measure percent
 Source Reserve Bank of Australia

For that indicator, we provide data for Australia from January 2000 to July 2022. The average value for Australia during that period was 6.07 percent with a minimum of 3.64 percent in August 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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* indicates monthly or quarterly data series


Recent values


Longer historical series
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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