Good news for Borrowers
December 9, 2024
Good News for Borrowers: OCR Cut to 4.25%!On November 27, the Reserve Bank of New Zealand (RBNZ) cut the Official Cash Rate (OCR) to 4.25%, down from 4.75%. This marks a significant reduction of 1.25% since August 2024, bringing it down from the peak of 5.50% it held for ove...
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