The Official Cash Rate (OCR) Explained
Date Published: 2 April 2024
As of 2nd April 2024, the Official Cash Rate (OCR) for New Zealand is set at 5.5%. What is the Official Cash Rate? The Official Cash Rate (OCR) is an…
The Rule of 72: A Simple yet Powerful Financial Tool to Estimate Investment Growth
Date Published: 16 March 2023
The Rule of 72 is a widely-used financial concept that allows investors to estimate how long it will take for an investment to double in value, given a fixed annual…
NZ Mortgage Interest Rates Prediction 2023
Date Published: 16 November 2022
It’s the time of the year when the Mortgage Lab buffs up our Crystal Ball, gazes into the infinitely complicated world of economics, and comes up with sufficiently generic interest…
Preparing For Your Mortgage – Documentation
Date Published: 3 August 2020
This article is current as at September 2021 Being prepared isn’t just for Scouts. When applying for a mortgage you can significantly reduce wait time by providing all required documentation…
OCR Announcement – 16th March 2020
Date Published: 16 March 2020
The Reserve Bank today announced that the OCR would be reduced by 0.75% to a new level of 0.25%. International markets around the world have been severely affected by the…
NZ Interest Rates Prediction 2020
Date Published: 25 February 2020
It’s the time of the year when the Mortgage Lab buffs up our Crystal Ball, gazes into the infinitely complicated world of economics and comes up with sufficiently generic interest…