BNZ cuts one-year fixed mortgage rate below 4.5% as next OCR decision looms
“For someone moving from our current average one-year rate of 5.19% per annum, with a $500,000 mortgage over…
Forecasts rise for OCR after GDP shrinks
Hamish Pepper: Forecasts rise for OCR after GDP shrinks ZB Choose a region Shows Slide previous Slide next…
Reserve Bank cuts OCR, economic recovery delayed but hopeful
At 3%, it’s well down from the 15-year peak of 5.5% that prevailed just over a year ago.…