Interest Rate Predictions 2024 Australia. To be sure, mortgage rates have been coming down for months, and they could soon drop below 6%. Predictions for interest rate cuts in the next two years will support an increase to local investment volumes.
But on tuesday, the reserve bank of australia (rba) held the official cash rate at 4.35 per cent following its board meeting, flagging that inflation was โstill too. Analysts mentioned in this article forecast the reserve bank of australia to continue hiking its cash rate in 2023.
