Latest Trends OCR back to its record low Thursday, March 10th 2011, 2:53PM The official cash rate was cut by 50 basis points today.  This brings it back down to its record low since in inception in March 1999. This recent cut will hopefully give the economy a boost in confidence with many home lending banks already reducing their variable and fixed home loan rates. Comments from our readers No comments yet Add your comment: Your name: Your email: Not displayed to the public Comment: Comments to MortgageRates.co.nz go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved. Anti-spam verification:

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