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Where will interest rates head in 2024?

Four big banks, four differing interest rates expectations; 2024 shapes as a pivotal year for home owners' finances with hopes the RBA can eventually begin to cut the official cash rate.

Interest rates 2024 wooden blocks graphic
Which direction will interest rates go throughout 2024? (Image source: Shutterstock.com)

With 2023 shining a light on Australia’s rising inflation and cost of living pressures, will 2024 bring some relief to mortgage holders?

During 2023, we experienced five rate rises with mortgage holders feeling the pinch if they have a variable interest rate, or if have hit the so-called mortgage cliff.

Many Australians will be hoping that 2024 brings pleasant surprises, crossing fingers inflation can be stemmed and potentially even see a reduc…

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