OCR Forecast: Cuts Coming?
Wondering what's next for New Zealand's Official Cash Rate and how it impacts your mortgage? In this revealing episode of Home Loan Hub, we unpack surprising forecasts about where interest rates are heading.
ANZ has taken a bold position, predicting three OCR cuts on the horizon - one each in August, November, and February. This perspective differs from other economic forecasts and could mean mortgage rates have further to fall. While banks have already factored some potential cuts into their current fixed rates, we explain why another 50 basis point drop could still be possible if these…
The skinny
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