Mortgage rates have bottomed, regardless of further OCR cuts
Further cuts in the Reserve Bank's official cash rate probably won't have any impact on the housing market.
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Mortgage and other borrowing interest rates probably won’t go any lower than current levels, regardless of what the Reserve Bank does.
That essentially takes some of the pressure off the central bank, which has repeatedly expressed concerns at both the pace of house price inflation, 11.7% in the
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Jenny Ruth
Mon, 26 Sep 2016
Mon, 26 Sep 2016
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Mortgage rates have bottomed, regardless of further OCR cuts
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