Nz Interest Rates Forecast 2024. All up, the average mortgage interest rate facing borrowers should climb slightly above 4.5% by the end of 2022, and approach 5.5% by the start of 2024. At opes partners, we think interest rates will keep dropping over the next couple of.

In their april 2024 interest rate research paper, bnz has forecasted that the ocr will decrease from 5.5% (the current rate) to 3% by q 2025. What will happen with interest rates in 2024?