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[RateGap](/)every home loan rate lenders publish, compared

# The home loan market, this morning

Where advertised rates stand, what moved, and what the Reserve Bank's last decision
  did. Every figure is read from a lender's own feed.

Rates checked **Monday 2 November at 7:01 am** (Sydney time) · [browse all the data](/data)

The going variable rate for a home you live in, paying it down is **5.85%**, read Monday 2 November.
      The lowest advertised is 5.69%.

## Where rates are, and what moved

- [Where are variable rates?](/market/variable-rates)Going rate 5.85%. Half of the 316 loans open to anyone sit between 6.28% and 7.14%.- [And fixed?](/market/fixed-rates)Going two-year rate 6.29%, 0.44 points above the going variable rate.- [What moved this week?](/market/changes-this-week)18 lenders moved 289 advertised rates: 64 down and 225 up.- [What has the Reserve Bank's last decision done?](/market/after-the-rba)79 of 102 lenders advertise a higher variable rate than before the increase on Tuesday 29 September.

## Measured questions

- [What does a comparison rate add?](/research/comparison-rates)Across 534 loans, the median gap is 0.06 points.- [What does an offset account cost in rate?](/research/offset-accounts)At the going rate, 0.04 points this morning.- [What do investors pay on top?](/research/investor-premium)In the same product, a median 0.15 points more than a loan to live in, across 70 lenders.- [What do lenders charge above 80%?](/research/lvr-bands)The price bands, and what owing less is worth.- [What does a fixed loan roll onto?](/research/revert-rates)The rate a fixed loan reverts to, read from the comparison rate.

## The data behind it

[Every lender's own page](/lenders),
  [the files, free to download](/data), and
  [your own rate, read against all of it](/).

  **How this is worked out, and what it does not tell you**

## How it is worked out

    1. Rates come from each lender's own feed under the Consumer Data Right, read each
    morning. Nobody types one in.
    2. A rate counts only if anyone could take it. Loans for particular groups, and lenders the
    capture cannot reach, are left out.
    3. Each loan counts once per profile, at its lowest advertised rate.

## What it does not tell you

    - **Advertised rates, not offers.** A lender can say no.
    - **New-customer prices.** What existing customers pay is published
    nowhere.
    - **The rate is not the cost.** Fees sit outside it.
    [What a comparison rate adds](/research/comparison-rates).

The data is [free to download](/data), so any figure here can
  be checked.

The other questions

        - [Are you paying more than you need to?](/)
              your rate against every lender publishing one- [How fast should you pay it off?](/paying-it-off)
              term, extra repayments, interest only- [Don't have a loan yet?](/buying)
              what to look at before you pick one- [What does each lender advertise?](/lenders)
              every lender that publishes rates, a page each- [What moved this week?](/market/changes-this-week)
              which lenders changed an advertised rate- [Where do these numbers come from?](/data)
              every published rate, and how fresh it is

**Free, and not advice.** It knows only what the lender publishes, not what you could negotiate. A licensed broker does
    this for a living. [Who made this](/about).
    [What this site collects](/privacy).

      **More from the data**

Building something with this? There is
      [an API](/api), and [the data is free](/data).

This morning: [the market](/market),
    [variable rates](/market/variable-rates),
    [fixed rates](/market/fixed-rates) and
    [what moved this week](/market/changes-this-week).

Found in the data: [what lenders charge above 80%](/research/lvr-bands),
    [the rate a fixed loan rolls onto](/research/revert-rates) and
    [what a comparison rate adds](/research/comparison-rates). Also
    [what an offset costs](/research/offset-accounts), and
    [what investors pay on top](/research/investor-premium).