RBNZ OCR Unchanged, Door Open for Cut in 2024
💲The 2yr swap rate fell 0.2% after the RBNZ OCR announcement, hitting levels not seen since Nov 2022.💲
◾Nov 2022: avg 2yr mortgage rate = 6.75%
◾Jun 2024: avg 2yr mortgage rate = 7.35%
That's a 0.6% increase in mortgage rates.
✅ Implication: if these levels hold, there could be room for mortgage rates to fall.
#adviceHQ #RBNZ #OCR #mortgagerates #interestrates
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Help Needed: Peat, Straw, and Moisture Control for Tiger Worms in Castor Bay
Hello, neighbors! I’m in Castor Bay and currently caring for my tiger worms. I’ve encountered some moisture issues and am looking for materials like peat, straw, or anything that can help with moisture absorption. I’d also appreciate any advice on preventing clogging in the drainage pipe to ensure proper drainage. If anyone has extra peat, straw, or can share some helpful tips, I’d be really grateful! Thank you so much for your support, especially during the holiday season
Best wishes,
Diana
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