Mortgage Rate December 2024 Australia. Households will now only have to grapple with a maximum of eight cash rate changes flowing through to their mortgages. Have interest rates peaked or are mortgage holders facing more rate rises?

The next cash rate decision is on 24 september 2024. Mortgage rate in australia averaged 3.96 percent from 2019 until 2024, reaching an all time high of 6.05 percent in july of 2024 and a record low of 2.63 percent in april of 2022.