OCR Just Dropped โ What It Means for Mortgage Rates & the NZ Housing Market
Manage episode 476126555 series 3468238
๐ The Reserve Bank just cut the OCR by 25bps โ but what does that *really* mean for mortgage holders, first-home buyers, and NZโs property market?
We sat down with BNZ Chief Economist Mike Jones to unpack:
- Whether mortgage rates will actually follow the OCR drop
- What this move signals about inflation, recession risk & the housing cycle
- Why most Kiwis *wonโt feel relief* just yet
- What smart homeowners and investors should be doing **right now**
๐ก This isnโt a victory lap โ itโs a strategic window. Make the right moves before sentiment shifts again.
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https://mhq.co.nz/20-case-studies-of-mum-and-dad-investors-buying-8-5-gross-yield
Learn more: https://mhq.co.nz/press-release/ocr-just-dropped-what-it-means-for-mortgage-rates-the-nz-housing-market/
266 episodes