Mortgage News

OCR cut not on the cards - yet

Friday 16th of September 2016

There appears to be a collective consensus among economists who responded to the regular mortgagerates.co.nz survey that the OCR will stay unchanged at 2.0% this week – but a cut will come in November.

For many of the economists, this view was supported by the release of strong GDP figures, which show the New Zealand economy is growing solidly, yesterday.

Westpac senior economist...

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