Will Interest Rates Go Down In 2024 Nz. In the past five years, the official cash rate picked by the reserve bank monetary policy committee has gone from 1.75% in 2019, down to a record low 0.25%. Pricing is set for lower rates from may 2024 with a cut to 5.25% fully priced in by august 2024.
Predicting what home loan interest rates will look like in the future isn’t easy, but since when has that ever stopped us? The interest rates we’ve stated are accurate to the best of our knowledge at the time of writing.