Edin Nettle

Mortgage Rates December 2024 Australia. Home loan interest rates have already started to drop, including some big four. Deutsche bank estimates australia’s jobless rate should be closer to 5.25 per cent if the cut in working hours hadn’t occurred.

Have interest rates peaked or are mortgage holders facing more rate rises? The interest rate paid by outstanding mortgage borrowers increased by around 320 basis points between may 2022 and december 2023, around 105 basis points less than the cumulative increase in the.