Will Mortgage Rates Go Down In 2024 Nz. Heading into 2024, home loan borrowers can feel optimistic that mortgage interest rates will move lower from here, economists say. New zealand mortgage rates could be heading south by late january if the swaps market is anything to go by.

Interest rates have started to come down in 2024. Following the major banks trimming home loan rates at the end of 2023, the first of the 2024 mortgage rate changes have been announced and they too are mostly cuts.