
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...
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