Melbournewill Mortgage Rates Go Down In January 2025

Melbournewill Mortgage Rates Go Down In January 2025. While the headline inflation rate has decreased to 2.4% in january 2025, the rba instead goes by the trimmed mean inflation, which excludes the most volatile price changes to provide a clearer view of underlying inflation. When will mortgage rates go down?

Since 2022, the reserve bank of australia (rba) has actively adjusted the cash rate to tackle rising inflation, significantly influencing mortgage interest rates and homeownership costs. Prices in melbourne are forecast to rise by 3.5% in 2025 and 6% in.