OCR increase to 5.50%
Reserve Bank has increased the official cash rate (OCR) by 25 points to 5.50% to tackle the inflation.
Some of the lenders have increased the mortgage rates immediately.
The impact on mortgages, specially being reviewed in the next few months can have significant jump in the mortgage payment.
Take a moment to read through the commentary on reserve bank website: www.rbnz.govt.nz......
Connect with us if you have mortgages up for review in the next few months.
#mortgage #financialadviser #financialadvice #mortgagereview #firsthomebuyer #refinance #ocr #officalcashrate #mortgagerates #skfinancialgroup
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What's your favourite recipe for courgettes?
Kia ora neighbours. If you've got a family recipe for courgettes, we'd love to see it and maybe publish it in our magazine. Send your recipe to mailbox@nzgardener.co.nz, and if we use it in the mag, you will receive a free copy of our January 2025 issue.
It’s Riddle Time – You Might Need an Extra Cup of Coffee!
Nobody has ever walked this way. Which way is it?
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