Mortgage Interest Rates Prediction 2024-2024. Inflation is poised to fall to the reserve bank of australia (rba) target of 2 to 3 per cent and stay there, at the same time that wages growth has lifted to around 3.5 to. Interest rates will likely come down during 2024.

Lower mortgage rates in 2024 — nar is predicting the average will be 6.3% by the fourth quarter, down from 7.8% in 2023’s final three months — will entice more. In its november 2023 mortgage.