Ice cold interest rates: OCR predicted to drop below 0% Mortgage interest rates in New Zealand are lower than they’ve ever been. On top of this, the OCR could be about to drop even further from March 2021 – if forecasts from major banks are to be believed. ...
You may have heard rumours about the Reserve Bank dropping the official cash rate into the negatives – but what does that actually mean for you and your wealth? We take a look at what the experts say about the OCR, what it’ll do to your mortgage, and how lowered...