Mortgage Rates June 2024 Australia

Mortgage Rates June 2024 Australia. After almost two years of interest rates rising, many mortgage holders hope rates could be cut at some point in 2024. The average new home loan in australia is $640,998 for owner occupier homes, including loans for purchases of established properties, construction loans and refinancing of existing home loans.

By the end of 2023, borrowers can expect lower. We take a look at what’s in store for interest rates in 2024.