OCR cut likely to negate investor Auckland mortgage restrictions
Banks rush to cut their mortgage rates.
PWC treasury advisor Roger Kerr talks about the latest OCR announcement on NBR Radio and on demand on MyNBR Radio.
As banks rush to cut their mortgage rates in the wake of the Reserve Bank cutting its official cash rate (OCR), it appears the boost to the Auckland housing market will be more than enough to negate any impact of the new
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