OCR Drop Ahead: What This Means for NZ Mortgages in 2025
Summary The Reserve Bank is expected to reduce the Official Cash Rate (OCR) from 4.25% to 3.75% in February 2025, continuing a downward trend towards a neutral rate of 3% by mid-year. This shift is influencing bank lending rates, with some three-year mortgage rates already falling below 5%. International developments, […]
Interest Rates NZ Plummet: OCR Slashed to 5.25% – What This Means for Your Mortgage
BREAKING: OCR Slashed to 5.25% – First Cut in 4 Years! The Reserve Bank of New Zealand (RBNZ) has just made a game-changing move by lowering the Official Cash Rate (OCR) to 5.25%. This reduction is the first we’ve seen since March 2020, marking a significant shift in New Zealand’s […]