Will Mortgage Rates Go Down In 2024 Australia

Will Mortgage Rates Go Down In 2024 Australia. We take a look at what the big four banks have to say. When will interest rates come down?

“we estimate mortgage rates would have to decline 146 basis points to bring serviceability down to 40% of median income for the median dwelling value, and 410 basis. Australia’s big four banks are predicting interest rate cuts in 2024, but borrowers may need to wait until the end of the year to get relief.