Many mortgage holders will be relieved to hear that the OCR has been brought down by an addition 50 basis points.

Despite this, one expert is warning that borrowers might need to keep their enthusiasm about the interest rates in check.

NZ Herald Wellington business editor Jenee Tibshraeny explained that there were other factors impacting interest rates.

LISTEN ABOVE

Many mortgage holders will be relieved to hear that the OCR has been brought down by an addition 50 basis points.
Despite this, one expert is warning that borrowers might need to keep their enthusiasm about the interest rates in check.
NZ Herald Wellington business editor Jenee Tibshraeny explained that there were other factors impacting interest rates.
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

Jenee Tibshraeny: NZ Herald Wellington business editor on what today's OCR cut means for mortgages

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/c61e759d-e5c9-4b45-8f5f-b235007f7229/transcript