Mortgage Rate in Australia decreased to 6.56 percent in September from 6.58 percent in August of 2023. 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. In Australia, the mortgage rate refers to 3-year bank lending rate on housing loans. This page includes a chart with historical data for Australia Mortgage Rate.
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