Jenee Tibshraeny: NZ Herald Wellington business editor on the banks cutting down mortgage rates after OCR decision
Heather du Plessis-Allan Drive · Newstalk ZB
February 19, 20254m 8s
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Show Notes
Banks have begun slashing shorter-term mortgage rates following today's cuts to the OCR, but experts have issued a warning to homeowners.
Reserve Bank policymakers are again warning borrowers not to hold their breaths for substantive cuts to longer-term mortgage rates.
NZ Herald Wellington business editor Jenee Tibshraeny explains the factors behind today's cuts.
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Topics
businessmoneyeconomyOCR