Leigh Hodgetts: Finance and Mortgage Association Country Manager on the Reserve Bank holding the OCR

Early Edition with Ryan Bridge

Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

4d ago 2:35

MP3•Episode home

Mortgage-holders will be holding their breath in after yesterday's OCR announcement.

The Reserve Bank's opted to keep the Official Cash Rate unchanged at 3.25% while signalling the possibility of further cuts.

But new ASB research suggests interest rates remain volatile, with several opposing forces at play.

Finance and Mortgage Association Country Manager Leigh Hodgetts told Andrew Dickens that they’re holding out hope for a cut in August.

She says that people are looking for a bit of relief in their household spending, which would come from interest rates coming down.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

4157 episodes

#New Zealand Current Affairs #NZME #Newstalk ZB #News #New Zealand