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Pivotal Financial > News

New Zealand mortgage rates are dropping

Posted in:Real News

This week, the Reserve Bank of New Zealand issued an emergency announcement, cutting the official cash rate by 75 basis points, to a record low of 0.25 per cent. Banks immediately passed on the cut […]

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By:adminMar 18th, 2020

Coronavirus effect: Rate cuts across the Tasman

Posted in:Lending News

Earlier this month, Australia was the first developed-market central bank to cut interest rates, in hopes to ease the economic impact of the coronavirus outbreak. New Zealand just followed suit with the largest OCR cut […]

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By:adminMar 16th, 2020

Economists expect “minor drop” in mortgage rates

Posted in:Real News

In less than two weeks, the Reserve Bank may – or may not – announce another OCR cut to 0.75 per cent (or even 0.5 per cent). But ASB economists believe that, this time, the […]

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By:adminMar 11th, 2020

Will the coronavirus outbreak lead to a surprise OCR cut?

Posted in:Real News

ANZ economists believe the rapidly escalating coronavirus outbreak could force the Reserve Bank of New Zealand to cut the official cash rate (OCR) by 0.5 per cent this month. The latest developments have prompted ANZ […]

Read More about Will the coronavirus outbreak lead to a surprise OCR cut?
By:adminMar 5th, 2020
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