Interest Rate Forecast Nz 2024. Interest rate in new zealand averaged 6.70 percent from 1985 until 2024, reaching an all time high of 67.32 percent in march of 1985 and a record low of 0.25 percent in march of 2020. Rbnz to reduce the ocr to 5.25% at its november meeting,.

Interest rate in new zealand averaged 6.70 percent from 1985 until 2024, reaching an all time high of 67.32 percent in march of 1985 and a record low of 0.25 percent in march of 2020. Right now, it looks like the interest rates on home loans in new zealand might be near their peak but when you’re fixing your mortgage, the question is when do you think the.