Mortgage expert predicts home loan rates will fall below 5 per cent

Thursday 9 January 2025 · 2 outlets · 2 reports · updated Thu 9 Jan 2025, 8:27am

Home loan borrowers may soon see interest rates drop below 5 per cent. A mortgage expert expects the official cash rate to decrease by 50 basis points in February, with further cuts anticipated later this year as wholesale rates continue to fall.

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1. Otago Daily TimesThu 9 Jan 2025, 8:03am

   Sub-5 percent home loans 'on the horizon' (opens in new tab)

2. 1News via RNZThu 9 Jan 2025, 8:27am

   'Expect sub-5 percent home loan rates' (opens in new tab)