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Banks slash mortgage rates as further OCR cuts signalled
TMM - News

Banks slash mortgage rates as further OCR cuts signalled

The five largest banks all rushed to cut their mortgage interest rates after the Reserve Bank cut its official cash rate (OCR) for the first time since March 2020.

Thu, Aug 15th 2024 06:05AM

RBNZ cuts OCR to 5.25% and forecasts another cut this year

RBNZ cuts OCR to 5.25% and forecasts another cut this year

2 min read
BREAKING: OCR 5.25% - Monetary restraint tempered as inflation converges on target

BREAKING: OCR 5.25% - Monetary restraint tempered as inflation converges on target

1 min read
ASB's mortgage book returned to growth in the 2nd half

ASB's mortgage book returned to growth in the 2nd half

2 min read
Half of household income going to the mortgage

Half of household income going to the mortgage

2 min read
Division over OCR cut and problems with RBNZ

Division over OCR cut and problems with RBNZ

4 min read
Luke Jackson lands a new gig

Luke Jackson lands a new gig

1 min read
The RBNZ pivot is here

The RBNZ pivot is here

4 min read
Business leaders expect quicker inflation drop

Business leaders expect quicker inflation drop

2 min read
Another defendant named in SFO mortgage and investment fraud case

Another defendant named in SFO mortgage and investment fraud case

2 min read
Mortgage firm backs Kiwibank as a disruptor

Mortgage firm backs Kiwibank as a disruptor

4 min read
Economists lighting the path to OCR cuts

Economists lighting the path to OCR cuts

3 min read
Bankers’ personal liabilities under CCCFA to remain

Bankers’ personal liabilities under CCCFA to remain

4 min read
CCCFA changes welcomed, but more needed

CCCFA changes welcomed, but more needed

3 min read
Construction finance company gets new facility

Construction finance company gets new facility

2 min read
New guidance for client money and property services brokers

New guidance for client money and property services brokers

2 min read

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Good Returns was established in 1997 and was one of the first successful online publishers in New Zealand and continues to be a publishing leader. Good Returns is held in high-regard by its target audience, the financial services industry. A team of highly experienced business journalists update the site daily with topical, breaking and relevant news and views. The team is led by founder and publisher Philip Macalister.
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