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
🧩😏 Riddle me this, Neighbours…
I am an odd number. Take away a letter and I become even. What number am I?
Do you think you know the answer?
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Poll: 🤖 What skills do you think give a CV the ultimate edge in a robot-filled workplace?
The Reserve Bank has shared some pretty blunt advice: there’s no such thing as a “safe” job anymore 🛟😑
Robots are stepping into repetitive roles in factories, plants and warehouses. AI is taking care of the admin tasks that once filled many mid-level office jobs.
We want to know: As the world evolves, what skills do you think give a CV the ultimate edge in a robot-filled workplace?
Want to read more? The Press has you covered!
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53% Human-centred experience and communication
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14.6% Critical thinking
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29.6% Resilience and adaptability
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2.7% Other - I will share below!
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