Mortgage Rate Predictions 2024 Nz. The reserve bank’s most recent ocr review on 22 may 2024 didn’t look good for borrowers. Average mortgage costs for kiwis are likely to keep rising and approach 5.5% by the start of 2024, asb economists say.

Here are my 12 predictions for how the housing market will perform in 2024. After a tough few years, chief economist jarrod kerr predicts that the outlook for the housing market this year is more positive.