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BNZ Lowers Mortgage Rates Following OCR Drop and Simplifies Rate Structure BNZ (Bank of New Zealand) has reduced all its fixed mortgage rates after last week’s decrease in the Official…
Brokers are advising New Zealanders to avoid locking in long-term mortgage rates, despite major banks offering lower rates right now. They believe it’s better to choose shorter-term rates as borrowing…
In the June quarter, inflation in New Zealand fell more than the Reserve Bank of New Zealand (RBNZ) had anticipated, which could prompt official cash rate (OCR) cuts as early…
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