OCR increase to 5.50%
Reserve Bank has increased the official cash rate (OCR) by 25 points to 5.50% to tackle the inflation.
Some of the lenders have increased the mortgage rates immediately.
The impact on mortgages, specially being reviewed in the next few months can have significant jump in the mortgage payment.
Take a moment to read through the commentary on reserve bank website: www.rbnz.govt.nz......
Connect with us if you have mortgages up for review in the next few months.
#mortgage #financialadviser #financialadvice #mortgagereview #firsthomebuyer #refinance #ocr #officalcashrate #mortgagerates #skfinancialgroup
Poll: Would you use a pet cemetery?
Dave Stephens has created a pet cemetery on his land.
The 10-acre site in Albany, Auckland, features graves nestled among beautifully manicured gardens and unique art pieces, offering a serene space where visitors can pay their respects in their own way.
Is this something you think you would use? Share your thoughts below.
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26.3% Yes
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72.6% No
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1.1% Other - I'll share below
Show us what you've been up to...
Brighten our day, and show us a glimpse into your world, neighbours.
We'd love to see some of the photos you've taken lately or any craft/DIY projects you're working on.
Simply add a photo below 📷🌅 🌻
Poll: Are speed bumps effective or just annoying?
Speed bumps are a hot topic in many neighborhoods - they aim to slow down speeding drivers, but they also impact everyone on the road. In your opinion, do you think they do the trick or are they just an inconvenience?
Share your thoughts below.
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38.9% They do the job
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59.2% I'm not a fan, they're just annoying!
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1.9% Other - I'll share below
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