2024 Mortgage Rates Forecast. In july, it’ll continue to impact the cost of. While this should prompt a gradual easing of mortgage rates, the mortgage giant expects mortgage rates to remain above 6.5% through the end of the year and then descend below 6.5% in 2025.

But any changes to mortgage bills will depend on what comes out of the reserve bank of australia (rba) meeting this week. House price predictions 2024 and 2025.