RBNZ OCR Unchanged, Door Open for Cut in 2024
💲The 2yr swap rate fell 0.2% after the RBNZ OCR announcement, hitting levels not seen since Nov 2022.💲
â—¾Nov 2022: avg 2yr mortgage rate = 6.75%
â—¾Jun 2024: avg 2yr mortgage rate = 7.35%
That's a 0.6% increase in mortgage rates.
✅ Implication: if these levels hold, there could be room for mortgage rates to fall.
#adviceHQ #RBNZ #OCR #mortgagerates #interestrates
Best way to use leftovers?
I'm sure you've got some excess ham at home or cold roast potatoes.
What are some of your favourite ways to use leftover food from Christmas day? Share below.
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