Mortgage Interest Rates in Australia – December 2014

Mortgage Interest Rates in Australia – December 2014..

The Reserve Bank of Australia produces statistics showing various Interest rates in Australia every month. The December 2014 report shows the following two examples showing the month and year of each change, together with the new rate at that time:

Lending rates; Housing loans; Banks; Variable; Standard

Dec 2014 5.95% (no change)
Aug 2013 5.95%
Mar 2013 6.20%
Dec 2012 6.45%
Oct 2012 6.65%
Jun 2012 6.85%
May 2012 7.05%
Feb 2012 7.40%
Dec 2011 7.30%

Lending rates; Housing loans; Banks; Variable; Discounted

Dec 2014 5.10% (no change)
Aug 2013 5.10%
May 2013 5.35%
Mar 2013 5.60%
Feb 2013 5.65%
Dec 2012 5.70%
Nov 2012 5.85%
Oct 2012 5.90%
Aug 2012 6.10%
Jun 2012 6.15%
May 2012 6.35%
Feb 2012 6.70%
Jan 2012 6.60%
Dec 2011 6.55%

Source:

http://www.rba.gov.au/statistics/tables/index.html#interest-rates