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More mortgage rates tumble after OCR cut

Summary by NZ Herald
Kiwibank has cut its short-term mortgage rates in response to Wednesday’s Official Cash Rate cut . The bank today announced its six-month fixed special rate...

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NZ HeraldNZ Herald

More mortgage rates tumble after OCR cut

Kiwibank has cut its short-term mortgage rates in response to Wednesday’s Official Cash Rate cut . The bank today announced its six-month fixed special rate...

·Auckland, New Zealand
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StuffStuff

Major bank cuts more mortgage rates

Rates continue to tumble after Wednesday’s OCR cut.

·New Zealand
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Star WeeklyStar Weekly

Business calls for more rate cuts | Brimbank & North West

While local business owners have welcomed the Reserve Bank of Australia’s recent interest rate cut, they say without further slashes, consumer confidence will remain stunted. The RBA announced a rate cut on Tuesday, February 18, reducing the official cash rate by 0.25 per cent, bringing it down to 4.1 per cent from 4.35 per cent—the first cut since November 2020. The cut could offer some respite for companies and mortgage holders feeling the pin…

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Stuff broke the news in New Zealand on Thursday, February 20, 2025.
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