Mortgage Rate 2024 Predictions Australia. Here are several predictions provided by ray white chief economist, nerida conisbee. Westpac economists predict that the current level of 4.35% will be the peak of the cash rate, and that we might expect the first rate cuts to occur around february 2025, with a.

Next cut september 2024, cash rate falling to 2.85% by may 2025; Anyone with a home loan right now is likely to be closely watching the reserve bank of australia, which is meeting this week to decide whether it will change.