Mortgage Rate by Country
Latest released Mortgage Rate value for every supported currency, with the previous reading, the change between releases, reference date, frequency, unit, and source.
/api/v1/announcements/{currency}/mortgage_rate. Non-USD endpoints require an API key query parameter.| Country / Currency | Latest | Previous | Change | Reference | Frequency | Unit | Source |
|---|---|---|---|---|---|---|---|
|
Australia
AUD · Australian Dollar
|
8.52
31 Mar 2026
|
8.27
28 Feb 2026
|
▲ +0.25 | 31 Mar 2026 | Monthly | % | ABS/RBA |
What is Mortgage Rate?
Mortgage rates are the interest rates lenders charge on residential mortgages — typically a fixed-rate offer over specific durations (e.g. 30y in the US, 5y in Canada, variable in Australia).
Why it matters for FX
Mortgage rates are the single most important price for transmitting monetary policy to households. They drive housing affordability, refinancing flows, and consumer spending via debt-service costs — all of which feed back into growth and inflation, and therefore into the currency.
How to read this page
Compare the level vs the policy rate (the spread captures credit and term-premium components). Watch for mortgage rates diverging from policy moves as a stress signal.
What to watch for
- Spread to policy rate
- Affordability metrics (price-to-income)
- Refinancing-activity dynamics
- Fixed vs variable mix in the relevant economy
- Cross-check with house_prices and household_credit