Property
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Nov 28, 2024
OCR Reduction Brings Financial Relief To Homeowners
* Reserve Bank’s OCR cut of 50 points triggers immediate mortgage rate reductions by banks. * Finance Minister highlights financial relief for families and businesses across New Zealand. * OCR reductions since August total 125 points, boosting borrowing power and easing budgets. The Reserve Bank has reduced the official cash rate (OCR)
by Mike Sanford