Mortgage Interest Rate Predictions 2024 Australia. The official rba cash rate rose by 25 basis points to 4.35% in november 2023, and has been left unchanged by the reserve bank of australia (rba) board for. Home loan rates won’t go much higher.

This current cycle of cash. Interest rates will decrease when inflation reaches the 2% to 3% rba target band, predicted for late 2024 or early 2025.