Will Mortgage Rates Go Down In 2024 Nz. After a tough few years, chief economist jarrod kerr predicts that the outlook for the housing market this year is more positive. The statement indicated that there was a small chance of a cash rate increase in 2024 by forecasting an ocr peak of 5.7% in december 2024.
This was largely a result of international wholesale rates dropping by more than 100 basis points. The role of the reserve bank and the ocr.
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