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Rates change all the time. Keep up to date with the latest activity so you can manage your mortgage and pay-it-off faster.
UPDATE: Bollard holds OCR; expects to hike about mid-year
Reserve Bank governor Alan Bollard has left interest rates unchanged and reaffirmed his expectation he will begin hiking rates around the middle of the year.
FULL RBNZ SPEECH: OCR unchanged at 2.5%
The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 2.5%.
OCR holds, mid-year rate hike still likely
Reserve Bank Governor Alan Bollard kept the official cash rate at a record-low 2.5% as expected, and said the gradual recovery in the economy was in line with expectations and gave him breathing space to stick to his timeline of a mid-year rate hike.
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