Nz Mortgage Interest Rates Forecast 2024. The ocr is expected to come down sometime between late 2024 and mid 2025, depending on how inflation tracks over the next 12 months. In this article we will look at historical mortgage rates in new zealand to gain a clear picture of how mortgage rates may change by the end of 2023 and beyond.
Pricing is set for lower rates from may 2024 with a cut to 5.25% fully priced in by august 2024. Asbโs april 2024 home loan rate report predicts that all fixed home loan rates should decrease in the 12 months, with one year rates seeing the biggest drops (from around.