Mortgage Rates 2024 Chart Australia. This page includes a chart with historical data for australia mortgage rate. Learn how interest rates are determined, how they have changed over time.

Australia’s home loan rates are at their highest level since the global financial crisis, driven by the rba’s cash rate hikes to control inflation. From may 2022 to november 2023, the reserve bank of australia (rba) increased the cash rate 13 times, in an effort to tame.