Mortgage Rates Daily Commentary
Wednesday 24 April 2024
Lifetime Home Masterclass
New Zealand’s first debt-free home equity release income solution, Lifetime Home allows Kiwi retirees aged 70 and above to access the wealth tied up in their home to bolster their retirement income.
Lifetime Home requires no mortgage, no debt, and no interest payments. Instead, it offers certainty and financial peace of mind when it’s needed most.
Master Class for Financial and Mortgage Advisers
Join Lifetime’s founder and managing director, Ralph Stewart and Chief Marketing Officer, Chelsea Devlin to find out everything you need to know about Lifetime Home.
Lifetime Home master classes will be held in-person in Christchurch, Wellington, and Auckland, and online.
To book your tickets CLICK HERE
Reserve Bank lets well alone
Yes, there's been no change to the Official Cash Rate at this morning's review.
Wednesday, July 5th 2000, 12:00AM
by Paul McBeth
Yes, there’s been no change to the Official Cash Rate today.
The Reserve Bank announced at 9am this morning that the OCR would remain at 6.5 per cent. It gave no further explanation but said that the next review would be on August 16, together with the release of its August Monetary Policy Statement.