| Log In Subscribe for $0.99/week
Banks slash floating rates after 50bp OCR cut
TMM - News

Banks slash floating rates after 50bp OCR cut

The Reserve Bank cut its official cash rate (OCR) by 50 basis points to 4.75%, as expected, and said it assesses that inflation is now within its 1% to 3% target range “and converging on the 2% midpoint.”

Wed, Oct 9th 2024 02:39PM
BREAKING: OCR 4.75% – Monetary restraint reduced as inflation converges to target

BREAKING: OCR 4.75% – Monetary restraint reduced as inflation converges to target

1 min read
Economists, markets expect a 50bp OCR cut on Wednesday

Economists, markets expect a 50bp OCR cut on Wednesday

3 min read
Ratings agency positive about Avanti's market position

Ratings agency positive about Avanti's market position

3 min read
NZers generally don't know about mortgage advice: New reseach

NZers generally don't know about mortgage advice: New reseach

2 min read
Retirement Commission backs home equity release with advice

Retirement Commission backs home equity release with advice

5 min read
Bigger rate cuts called for

Bigger rate cuts called for

3 min read
Squirrel sets up a drey in Christchuch

Squirrel sets up a drey in Christchuch

3 min read
[Podcast] TMM Ep3 Adrienne Begbie - Prospa

[Podcast] TMM Ep3 Adrienne Begbie - Prospa

2 min read
Differing views on latest CCCFA reforms

Differing views on latest CCCFA reforms

5 min read
Govt to remove personal liability for bank directors

Govt to remove personal liability for bank directors

3 min read
Mortgage Supply leader and long term adviser retires

Mortgage Supply leader and long term adviser retires

2 min read
FMA to investigate mortgage advice sector

FMA to investigate mortgage advice sector

1 min read
Kiwibank grows its share of new mortgage lending at more than double its market share

Kiwibank grows its share of new mortgage lending at more than double its market share

3 min read
Heartland reverse mortgages grow 20%, online-only home loans sink

Heartland reverse mortgages grow 20%, online-only home loans sink

3 min read
First prosecution under CCCFA

First prosecution under CCCFA

3 min read
Mortgage Rates