Home Mortgage Interest Rates 2024au. The reserve bank has made 13. The graphs below provide a historical overview of the aussie mortgage market and details on how lenders have moved their home loan interest rates in.
At the peak mortgage rate of 8% in late 2023, your monthly payment (principal and interest) would have been about $1,761. After almost two years of interest rates rising, many mortgage holders hope rates could be cut at some point in 2024.
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