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Banks slash floating lending and deposit rates after 25bp OCR cut
TMM - News

Banks slash floating lending and deposit rates after 25bp OCR cut

Banks began announcing cuts to their mortgage rates immediately after the Reserve Bank cut its official cash rate (OCR) to 3.5% from 3.75%, as most economists and market pricing had predicted.

Jenny Ruth
Wed, Apr 9th 2025 03:11PM

BREAKING: OCR: 3.5% - Further reduction in OCR appropriate

BREAKING: OCR: 3.5% - Further reduction in OCR appropriate

6 min read
FMA will look at how long banks take to pass on OCR changes

FMA will look at how long banks take to pass on OCR changes

4 min read
Longer term fixed interest rates slowly bite into floating terms

Longer term fixed interest rates slowly bite into floating terms

3 min read
Advisers not happy with BNZ changes

Advisers not happy with BNZ changes

4 min read
Looks like BNZ now has a two-tier system for advisers

Looks like BNZ now has a two-tier system for advisers

4 min read
Wild is the wind blowing through RBNZ

Wild is the wind blowing through RBNZ

6 min read
Three offers recommendation lost in translation - ComCom

Three offers recommendation lost in translation - ComCom

5 min read
Borrowers behind in mortgage payments ebbing

Borrowers behind in mortgage payments ebbing

3 min read
Solution could be in the wings

Solution could be in the wings

4 min read
RBNZ does a u-turn on bank capital requirements

RBNZ does a u-turn on bank capital requirements

3 min read
Interest rates expected to plateau soon

Interest rates expected to plateau soon

6 min read
Why was Westpac slow in passing on OCR cut?

Why was Westpac slow in passing on OCR cut?

3 min read
Mortgage borrowers switching to new lenders continues at a steady pace

Mortgage borrowers switching to new lenders continues at a steady pace

2 min read
Aggregators putting the pressure on - NZFSG

Aggregators putting the pressure on - NZFSG

4 min read
Aggregators should be pushing back on banks

Aggregators should be pushing back on banks

3 min read

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