518 days ago

RBNZ OCR Unchanged, Door Open for Cut in 2024

Financial Adviser, Director from adviceHQ

💲The 2yr swap rate fell 0.2% after the RBNZ OCR announcement, hitting levels not seen since Nov 2022.💲
◾Nov 2022: avg 2yr mortgage rate = 6.75%
◾Jun 2024: avg 2yr mortgage rate = 7.35%
That's a 0.6% increase in mortgage rates.
✅ Implication: if these levels hold, there could be room for mortgage rates to fall.
#adviceHQ #RBNZ #OCR #mortgagerates #interestrates

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More messages from your neighbours
2 days ago

Poll: Are our Kiwi summer holidays helping us recharge, or holding the economy back? ☀️🥝

The Team from Neighbourly.co.nz

There’s growing debate about whether New Zealand’s extended Christmas break (and the slowdown that comes with it) affects productivity.

Tracy Watkins has weighed in ... now it’s your turn. What’s your take? 🤔

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Are our Kiwi summer holidays helping us recharge, or holding the economy back? ☀️🥝
  • 72.6% We work hard, we deserve a break!
    72.6% Complete
  • 16.7% Hmm, maybe?
    16.7% Complete
  • 10.8% Yes!
    10.8% Complete
576 votes
B
2 hours ago

All things plastic

Bryson from Hillcrest

Another quick pickup from Takapuna Beach

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20 hours ago

Brain Teaser of the Day 🧠✨ Can You Solve It? 🤔💬

The Riddler from The Neighbourly Riddler

How many balls of string does it take to reach the moon?

(Peter from Carterton kindly provided this head-scratcher ... thanks, Peter!)

Do you think you know the answer? Simply 'Like' this post and we'll post the answer in the comments below at 2pm on the day!

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