Are the mortgage rates today figures US or Australian?

The cited 6.15–6.20% and 6.61% refinance rate are US 30-year benchmarks. They still matter in Australia because global bond yields and spreads influence bank funding and fixed-term swap pricing here, which can affect local quotes and refinance rates over time.

How do basis points impact my monthly repayment in Australia?

One basis point is 0.01%. A 6 bp move is 0.06%. On about A$600,000 over 30 years, that shift can change payments by roughly A$20–A$25 per month at rates near 6.6%. Small moves add up, so compare total costs, not just the headline rate.

What should I check when lenders advertise sub-6% APRs?

Confirm eligibility, LVR limits, points, and fees. Ask for the comparison rate and the revert rate after any fixed term. Price scenarios with and without points, check offset access, and calculate how long you must hold the loan to break even on any upfront costs.

How can I find the best mortgage lenders for my situation?

Shortlist three lenders, including your current bank. Request written quotes with comparison rates, fee breakdowns, and options for variable, fixed, and split loans. Compare service levels, approval speed, offset features, and discharge fees. Then choose the lender that fits your budget and timeline.

Global Market Insights

Mortgage Rates Today, February 10: Refi Ticks Up as Sub-6% APRs Linger

ByHuzaifa Zahoor February 10, 2026February 10, 2026

Mortgage rates today are steady, with top-tier 30-year offers near 6.15–6.20%, while the average 30-year refinance rate has nudged up 6 bps to 6.61%. Several big lenders still show sub-6% APRs on selective deals. For Australians, these moves matter because US funding costs feed into local bank pricing and fixed-term swaps. We break down what mortgage rates today signal for homebuyers, investors, and anyone weighing a refinance in AUD terms, plus how to compare the best mortgage lenders without costly surprises.