OCR held at 1.75% for fifth time
The OCR (Official Cash Rate) remains unchanged again, at 1.75%, for the fifth consecutive review.
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What is a revolving credit?
As part of numerous measures to curb access to credit, the banks have started to restrict the availability of revolving credits—mainly around the size of accessible limits, and linked to...
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No change to Official Cash Rate
Today the Reserve Bank has again left the Official Cash Rate (OCR) unchanged at 1.75 percent, but suggests that the slowdown in house price inflation could be temporary.
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Can you pay your mortgage off quicker?
Well the year is nearly half gone and it’s anyone’s guess where interest rates and property prices will head this year. But I think it’s expected both will rise a little.
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Government Housing Affordability Measure study
Interesting article in the Herald recently about the Government Housing Affordability Measure (HAM) study saying that renting is cheaper than owning.
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Official Cash Rate held again
The Reserve Bank has left the Official Cash Rate (OCR) unchanged today at 1.75 percent.
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