Nz Mortgage Interest Rates Forecast 2024. What will happen with interest rates in 2024? Average mortgage costs for kiwis are likely to keep rising and approach 5.5% by the start of 2024, asb economists say.
New zealand’s central bank cut the official cash rate and signalled more cuts were coming at its last meeting. Heading into 2024, home loan borrowers can feel optimistic that mortgage interest rates will move lower from here, economists say.