Will Mortgage Rates Go Down In 2024 Australia. — the bank, which is australia's biggest lender, cut fixed loans by up to 0.7 percentage points, while certain variable rates were reduced by up to 0.35 percentage points. Mortgage rates have already fallen in 2024, due in large part to market.
— a july bankrate survey of 1,133 current homeowners found that 35% said they would be comfortable selling their homes this year if mortgage rates fell below 6%. Mortgage rate in australia remained unchanged at 6.80 percent in march.