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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Poll: If you could rewind time, would you choose a different career?
It might not be too late for you, but some people look back and wish they had taken a different career path.
If you could go back in time, would you choose something different? Let us know what you would have chosen in the comments below.
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56.1% Yes
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43.5% No
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0.4% Other - I'll share below
🎭 Tricky, Twisty, and Totally Fun—Let’s Riddle! 🤹♂️
I bring people together, though I’m not alive;
I’m small but vital, helping communities thrive;
I’m often green, sometimes blue or red—
without me, connections might be dead—
What am I?
Do you think you know the answer? Simply 'Like' this post if you know the answer and the big reveal will be posted in the comments at 2pm on the day!
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Head here and hover on the Following button on the top right of the page (and it will show Unfollow) and then click it. If it is giving you the option to Follow, then you've successfully unfollowed the Riddles page.
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