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OCR Announcement by Alan Bollard and it’s effect on your Mortgage
Thursday 27/1/2011. Today RBNZ Governor Alan Bollard delivered his 6 weekly OCR announcement. Although this is always met with news headlines, the message hasn’t changed for some time. Rate held 3%. He...
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What is happening with interest rates at the moment? By Justin Hayward...
Over the last couple of weeks we have seen a significant drop in variable interest rates on home loans. This has come about largely because of the 50 point cut to the OCR earlier this month. It seems...
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No change for OCR
By Justin Hayward Last week Dr Bollard released his Monetary Policy Statement, confirming that there will be no changes to the OCR this month. However, from his comments we can assume that we are...
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BNZ Real Estate Overview 22 June 2011 – Prepared by Tony Alexander, BNZ Chief...
To view the latest copy of the BNZ Real Estate Overview which is prepared by Tony Alexander, BNZ Chief Economist, click on the following link: BNZ Real Estate Overview 22 June 2011
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