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Property Apprentice financial adviser and owner Debbie Roberts delves into the recent Reserve Bank announcement and its impact on interest rates across New Zealand. In this insightful discussion, Debbie explains the intricacies of the Official Cash Rate (OCR) and its role in shaping mortgage rates, alongside key economic indicators like inflation and employment figures.
Discover why the Reserve Bank has chosen to maintain the status quo and explore the implications for future OCR adjustments. Gain valuable insights into debt-to-income ratios (DTIs) and their significance in maintaining stability in the housing market.
With expert predictions and practical advice on navigating the evolving interest rate landscape, this episode is essential viewing for homeowners and investors alike. Tune in now to stay informed and make confident financial decisions in today's property market!
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