News
Rates change all the time. Keep up to date with the latest activity so you can manage your mortgage and pay-it-off faster.
OCR unchanged; rate increases subdued
The Reserve Bank has kept its official cash rate at 2.50% and says little has changed since its previous Monetary Policy Statement in June.
OCR to stay flat for at least a year
Reserve Bank governor Alan Bollard gave his 80th and last official cash rate announcement today and essentially pushed out the timing for any increases.
ASB's home loan book shrinks - again
ASB Bank's mortgage book continued its downward slide in the June quarter and its profit was flat.
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