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.
Rating downgrades could keep OCR on hold for longer
The downgrades to New Zealand's credit rating by two of three major international ratings agencies could mean the Reserve Bank holds its official cash rate at current levels for longer but they could also affect banks' cost of borrowing.
OCR should remain at 2.5%: Dickens
The Reserve Bank's current 2.50% Official Cash Rate (OCR) may be close to the neutral rate at which it neither encourages nor hinders the economy from growing, says economist Rodney Dickens.
Keen for the best rate and some cash too?
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New Zealand
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New Zealand
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