Stuff we thought you should know

Reserve Bank Governor Graeme Wheeler today left the Official Cash Rate unchanged at 2.00 percent.

Reserve Bank Governor Graeme Wheeler today reduced the Official Cash Rate by 25bps to 2.00 percent.
 

 OCR unchanged at 2.25%

With a further reduction being suggested.

 Reserve Bank Bulletin looks at market liquidity conditions

 OCR reduced to 2.25%

With ever stronger hints at a future reduction

 An interesting read from Stuff.

 From our friends at Harbour Asset Management's research department:

QV says the average value of homes in Auckland is now $896,676, but there are signs the market is slowing

OCR reduced to 3.00%

Rate Cut! OCR reduced to 3.25%

13/05/2015 - Reserve Bank announces new LVR restrictions

The Reserve Bank announced Wednesday morning the introduction of new policy changes to the loan-to-value (LVR) ratio.

With ever stronger hints at a future reduction

Reserve Bank Governor Graeme Wheeler today left the Official Cash Rate unchanged at 3.5 percent.
 

OCR Remains on hold at 3.50%... possibly until 2017

Reserve Bank Governor Graeme Weeler cited his main reasons as:

Farming!

According to The Independent, Farming classified as 'most deadly occupation' in New Zealand

Our partners over at Westpac have put together a handy little interactive tool they are calling the "Westpac Property Investor Report", but we think that doesn't do it justice.

The OCR, or Official Cash Rate, determines the rate you pay or earn when you borrow (mortgage, credit card) or save (savings, term deposit) with a bank.

Australian non-bank mortgage provider, Aussie Home Loans, put out an interesting article addressing some misconceptions about mortgage brokers.

OCR held at 3.50%

Thursday 29 January 2015