16 min
OCR set to stay high and first home grants gone! The NZ Property Market Podcast
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- Investing
It's been a busy day for property news, and in this shorter, reactionary episode, Nick and Kelvin first discuss the Reserve Bank's tough-talking monetary policy statement, then quickly cover off the announcement that first home grants have been canned.In a nutshell, inflation is still a problem, and OCR cuts seem off the table until 2025 - meaning 'higher for longer' mortgage rates too.Regarding first home grants, the decision will be disappointing for some would-be first home buyers (FHBs), ...
It's been a busy day for property news, and in this shorter, reactionary episode, Nick and Kelvin first discuss the Reserve Bank's tough-talking monetary policy statement, then quickly cover off the announcement that first home grants have been canned.In a nutshell, inflation is still a problem, and OCR cuts seem off the table until 2025 - meaning 'higher for longer' mortgage rates too.Regarding first home grants, the decision will be disappointing for some would-be first home buyers (FHBs), ...
16 min