Nz Mortgage Interest Rates Forecast 2024. The official cash rate is predicted to peak at 5.5 percent, from its current 4.25 percent. The report predicted 2024 would see up to 18 percent of mortgage holders' incomes being spent on interest repayments.
But since the start of 2023, mortgage rates have generally tracked. 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.