Will Interest Rates Go Down In 2024 Australia. If you’re looking for the light at the end of the home loan rate hike tunnel, don’t fear. Yes, interest rates will go down from their current 4.25 per cent sometime in the future.

“we continue to expect the rba will commence normalising the cash rate in december 2024 with a 25 basis point interest rate cut,” aird said. What will it take for interest rates to go down?