Nz Mortgage 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. The general consensus among experts is that mortgage interest rates are likely to remain relatively stable through 2024 with a slight potential for reduction by.
Westpac expects the official cash rate to remain on hold at 5.5% when the reserve bank of new zealand meets in february and throughout 2024, with a “gradual easing” forecast. Mortgage interest rate forecast for 2024 and beyond.