Wednesday, January 26, 2011

OCR held at 3%

The holiday's are over and its back to business...

Hot off the press is the latest Official Cash Rate ("OCR") announcement, and one of the key messages from the Reserve Bank Govenor's announcement this morning that we can all take on board is -

"As noted previously, while interest rates are likely to increase modestly over the next two years, for now it seems prudent to keep the OCR low until the recovery becomes more robust and underlying inflationary pressures show more obvoius signs of increasing."

At any time it really is an unknown as to where the interest rates will head; we can only be guided by those in the 'know' and make the decision that is right for us!

If you want to review your current mortgage to make sure your structure is maximising the current low interest rates - contact us today, why wait! You may just be surprised as to what we can do to help you on your way to financial freedom - and don't we all want that sooner rather than later?

Freephone 0508 PEOPLE (0508 736 753)

Visit us online here
or here - 30 Ponsonby Road Ponsonby Auckland

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