OCR increase to 5.50%
Reserve Bank has increased the official cash rate (OCR) by 25 points to 5.50% to tackle the inflation.
Some of the lenders have increased the mortgage rates immediately.
The impact on mortgages, specially being reviewed in the next few months can have significant jump in the mortgage payment.
Take a moment to read through the commentary on reserve bank website: www.rbnz.govt.nz......
Connect with us if you have mortgages up for review in the next few months.
#mortgage #financialadviser #financialadvice #mortgagereview #firsthomebuyer #refinance #ocr #officalcashrate #mortgagerates #skfinancialgroup
Neighbourhood Challenge: Who Can Crack This One? ⛓️💥❔
What has a head but no brain?
Do you think you know the answer? Simply 'Like' this post if you know the answer and the big reveal will be posted in the comments at 2pm on the day!
Want to stop seeing these in your newsfeed?
Head here and hover on the Following button on the top right of the page (and it will show Unfollow) and then click it. If it is giving you the option to Follow, then you've successfully unfollowed the Riddles page.
Want a Cosier Christmas Night? Neighbours, Read This
Hey neighbours,
Quick question - have you given your bedroom a little Christmas love yet?
If not, you’re going to love this! We’ve put together some easy, feel-good DIY ideas to help turn your bedroom into a cozy Christmas retreat - think festive bedding, twinkling lights, handmade pillows, and warm holiday scents. Simple touches, big Christmas vibes.
Get inspired here:
beds4u.co.nz...
And while you’re getting into the Christmas spirit, our Boxing Day sale is still ON - a great excuse to upgrade your bed and enjoy better sleep heading into the new year.
Find your nearest Beds4U store:
beds4u.co.nz...
Or browse all Boxing Day deals:
beds4u.co.nz...
Don’t wait, neighbours - cozy nights and great deals don’t stick around for long!
Poll: Are Kiwis allergic to “exuberance”? 🥝
In The Post’s opinion piece on the developments set to open across Aotearoa in 2026, John Coop suggests that, as a nation, we’re “allergic to exuberance.”
We want to know: Are we really allergic to showing our excitement?
Is it time to lean into a more optimistic view of the place we call home? As big projects take shape and new opportunities emerge, perhaps it’s worth asking whether a little more confidence (and enthusiasm!) could do us some good.
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40.5% Yes
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34.4% Maybe?
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25.1% No
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