Exactly 3 years ago, my average loan interest rate was 9.5% (don't ask :rolleyes:)
The cheapest interest rates 3 years later are insane:
me bank: 4.59% fixed for 3 years
newcastle permanent: 4.49% fixed for 3 years
loans.com.au 4.48% variable
Crazy! Of course these loans might not suit...