Mortgage Interest Rates December 2024 Australia. Rba set to extend rate pause as housing crisis props up prices. The us central bank, the federal reserve, brought interest rates down by 0.5 percentage points to 4.75% to 5% on wednesday and the european central bank.
Rates on hold, cuts late 2024. The interest rate paid by outstanding mortgage borrowers increased by around 320 basis points between may 2022 and december 2023, around 105 basis points less than the cumulative increase in the.