Mortgage News

Lower mortgage rates likely this year but not yet

Friday 29th of June 2001

Most economists are expecting Reserve Bank governor Don Brash to keep interest rates steady next Wednesday when he reviews the official cash rate (OCR), even in the face of Friday’s shocking figures showing the economy didn’t grow at all in the March quarter.

On average, economists had expected 0.6% or 0.7% gro...

Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.