Jenee Tibshraeny: NZ Herald Wellington business editor on how the OCR announcement will impact mortgages

 

The Reserve Bank moved to keep the OCR on hold today, surprising experts who were expecting an increase.

The Monetary Policy Committee voted four votes to three to hold the cash rate at 2.75 percent.

NZ Herald Wellington business editor Jenee Tibshraeny explains what this development could mean for mortgage holders.

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