Home Loan Interest Rates Australia 2024. On average for variable rates, while one of the lowest home loans in the mozo database is. More than a dozen australian banks have cut their fixed and variable home loan interest rates this week.

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 november, with a cut to. The average new home loan in australia is $640,998 for owner occupier homes, including loans for purchases of established properties, construction loans and.