Average Standard Variable Rate
The average standard variable rate is the average rate of the standard variable rates from a specified number of banks and non-banks, typically from the major four banks - Commonwealth Bank, ANZ, Westpac and National Australia Bank.
The average standard variable rate is often used as a guide to compare the standard variable rate of home loans advertised with other financial institutions.
If you are in the market for a variable rate home loan compare online via our home loans page or check out the table below which shows current variable rate home loans with a rate of lower than 9 percent with banks.
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