What is the typical interest rate for home loans?

Interest rates on home loans vary considerable and are dependent on a number of factors including the size of the deposit and the size of the loan and the credit rating of the individual taking out the mortgage. It is currently possible to take out a mortgage at a rate below 2% but this is an introductory offer and will increase to over 5% after two years. Generally mortgage rates are currently between 4% and 6% per year.