Bank of mum and dad alive and well; Danger OCR might need to be hiked in 2026

Thursday, December 5th 2024, 10:17AM

Nearly one in three parents of children wanting to buy their first home can afford to help them with their mortgages. [READ ON]

Potential mortgage borrowers might need to get their new homes of investment properties in the next year as Westpac says there is a risk the RBNZ might cut the OCR too far and start raising rates again in 2026. [See here]

 

Tags: banks

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