
Mortgage News
OCR reviewed less often
Wednesday 26th of August 2015
The Reserve Bank has released its schedule for OCR decisions in 2016 and 2017.
Instead of reviewing eight times a year, it has signalled it will review it just seven.
The OCR is a major factor in the interest rates banks offer their customers, particularly short-term rates.
A full monetary policy statement will be released on the second Thursday in February, May, Augu...
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