OCR down, mortgage rates… eventually?
Monday, April 14th 2025, 8:43AM
Blaming outdated IT systems and the “need to notify customers,” banks are delaying rate cuts and making millions in the process.
The Coalition isn’t buying it - and says it’s time for the FMA to investigate.
After all, if banks have the money for dividends and record profits, they can afford better systems and faster action. [READ MORE]
See the current movement in rates here
| « Former adviser faces criminal charges | Your mortgage rate could drop - here’s when » |
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