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Stop The Presses! RBNZ Cuts OCR to 2.5%

Great news! As announced yesterday morning, The Reserve Bank of New Zealand has cut the official cash rate (OCR) by 25 basis points, dropping it from 2.75% to 2.5%.

For more information, check out this article in today’s Press.

Give the team at Tony Mounce Mortgages a call to review your present interest rate structure, or, if you’re wanting to step on to the property ladder, to discuss acquiring a new mortgage.

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