OCR cut to 2%; Here's what they said

Thursday, August 11th 2016, 9:00AM

The Official Cash Rate has been cut to 2%. Read on to see what the bank said.

ANZ has been the first to react, cutting its floating rate by just 5 basis points. However, it has rolled out a special offer for First Home Buyers. Westpac has chimed in with a 10 basis point cut and Kiwibank 20 points.

Tags: Mortgage Rates

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