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Rates change all the time. Keep up to date with the latest activity so you can manage your mortgage and pay-it-off faster.
Bollard's low OCR likely to refire housing market
Reserve Bank governor Alan Bollard's insistence on keeping his official cash rate (OCR) low could light a fire under house prices again, according to Westpac chief economist Brendan O'Donovan.
OCR unchanged, Bollard drops wording rates could fall further
Reserve Bank Governor Alan Bollard kept the official cash rate unchanged at a record low 2.5%, as expected, and dropped wording in his statement that rates could fall further, stoking speculation borrowing costs will rise sooner as the economy recovers.
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