Variable Owner-Occupier Mortgage Interest Rate - Historical Data
Sourced from official APRA and RBA Lending Rates statistics (Table F6 & Table F5 Securitised Housing Loans), reflecting actual rates paid by Australian mortgage holders.
Current Statistics & Historical Records
Recorded in Nov 2023
Post-pandemic inflation surge & rapid RBA tightening cycle
12 annual observations · Monthly
Variable Owner-Occupier Mortgage Interest Rate - Historical Series (2015–2026)
% p.a.Drag to pan, scroll to zoom, or toggle between full annual history (2015–2026) and recent monthly releases.
Variable Owner-Occupier Mortgage Interest Rate by Decade (2015–2026)
Decade averages, peaks, and troughs across Australian economic cycles
Variable Owner-Occupier Mortgage Interest Rate - Historical Table (2015–2026)
Unit: % p.a. · Source: Reserve Bank of Australia (RBA) / Australian Bureau of Statistics (ABS) (FLRHOOVA)
| Year | Mortgage Interest Rate (% p.a.) | Year Range (Low – High) | Historical Context / Year Snapshot |
|---|---|---|---|
| 2026 | 6.03% | 5.50% – 6.30% | The Australian Economy in 2026 → |
| 2025 | 5.81% | 5.50% – 6.30% | Disinflation & monetary policy recalibration |
| 2024 | 6.37% | 6.30% – 6.40% | The Australian Economy in 2024 → |
| 2023 | 6.06% | 5.50% – 6.40% | The Australian Economy in 2023 → |
| 2022 | 3.95% | 2.90% – 5.50% | Post-pandemic inflation surge & rapid RBA tightening cycle |
| 2021 | 3.05% | 3.00% – 3.10% | The Australian Economy in 2021 → |
| 2020 | 3.29% | 3.20% – 3.60% | COVID-19 pandemic shock & 0.10% cash rate floor |
| 2019 | 4.10% | 3.60% – 4.56% | The Australian Economy in 2019 → |
| 2018 | 4.54% | 4.50% – 4.58% | The Australian Economy in 2018 → |
| 2017 | 4.56% | 4.45% – 4.64% | The Australian Economy in 2017 → |
| 2016 | 4.62% | 4.43% – 4.86% | The Australian Economy in 2016 → |
| 2015 | 4.74% | 4.64% – 4.87% | The Australian Economy in 2015 → |
Related Australian Economic Statistics
Source Information & Methodology
- Primary Institution:
- Reserve Bank of Australia (RBA) / Australian Bureau of Statistics (ABS)
- Dataset / Publication:
- Housing Lending Rates - Outstanding Owner-Occupied Variable Rate
- Series / Table ID:
- RBA Statistical Table F6 / F5 (FLRHOOVA)
- Release Frequency:
- Monthly
• Primary source: Reserve Bank of Australia (RBA) / Australian Bureau of Statistics (ABS) - Housing Lending Rates - Outstanding Owner-Occupied Variable Rate (RBA Statistical Table F6 / F5).
• Observation frequency: Monthly. Annual table values represent calendar year averages.
• Series coverage spans 2015 to 2026 (12 annual observations).
Frequently Asked Questions: Variable Owner-Occupier Mortgage Interest Rate
- What is the current Variable Owner-Occupier Mortgage Interest Rate?
- As of Aug 2026, the latest recorded Variable Owner-Occupier Mortgage Interest Rate is 6.2 (% p.a.), compared with 6.2 in Jul 2026.
- What is the highest and lowest Variable Owner-Occupier Mortgage Interest Rate ever recorded in Australia?
- Across the historical series (2015–2026), the highest observation was 6.4 (% p.a.) in Nov 2023, while the lowest was 2.9 (% p.a.) in Jan 2022. The long-run historical average is 4.76.
- Where is the official Variable Owner-Occupier Mortgage Interest Rate data sourced from?
- This series is compiled from Reserve Bank of Australia (RBA) / Australian Bureau of Statistics (ABS) (Housing Lending Rates - Outstanding Owner-Occupied Variable Rate, Series ID: FLRHOOVA) and is updated on a monthly basis under CC BY 4.0 International / RBA Terms.