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Wednesday, December 7, 2011. Official Cash rate and Economy News. Reserve Bank Governor, Alan Bollard this morning made his last cash rate announcement for 2011, confirming no change to the cash rate which will remain at 2.5%. In providing his policy assessment he made specific comment regarding the worsening world economy and the difficulties being encountered by a growing number of European economies. He also cited weakening economic activity which has now spread and includes the Asia Pacific region.

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Greenlight Mortgages | greenlightnz.blogspot.com Reviews

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Wednesday, December 7, 2011. Official Cash rate and Economy News. Reserve Bank Governor, Alan Bollard this morning made his last cash rate announcement for 2011, confirming no change to the cash rate which will remain at 2.5%. In providing his policy assessment he made specific comment regarding the worsening world economy and the difficulties being encountered by a growing number of European economies. He also cited weakening economic activity which has now spread and includes the Asia Pacific region.

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Greenlight Mortgages | greenlightnz.blogspot.com Reviews

https://greenlightnz.blogspot.com

Wednesday, December 7, 2011. Official Cash rate and Economy News. Reserve Bank Governor, Alan Bollard this morning made his last cash rate announcement for 2011, confirming no change to the cash rate which will remain at 2.5%. In providing his policy assessment he made specific comment regarding the worsening world economy and the difficulties being encountered by a growing number of European economies. He also cited weakening economic activity which has now spread and includes the Asia Pacific region.

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greenlightnz.blogspot.com

1

Greenlight Mortgages: July 2011

http://www.greenlightnz.blogspot.com/2011_07_01_archive.html

Wednesday, July 27, 2011. Official Cash Rate remains at 2.5% - what does that mean for borrowers? Official Cash Rate remains at 2.5% - what does that mean for borrowers? So what does all this mean? I think it confirms that we may see some increase to the cash rate by the end of the year, perhaps by as much as half a percent. I also think that increases to the cash rate, which will flow onto interest rates, are likely to be gradual, and therefore interest rates will likely rise slowly. The window of oppor...

2

Greenlight Mortgages: Official Cash Rate remains at 2.5% - what does that mean for borrowers?

http://www.greenlightnz.blogspot.com/2011/07/official-cash-rate-remains-at-25-what.html

Wednesday, July 27, 2011. Official Cash Rate remains at 2.5% - what does that mean for borrowers? Official Cash Rate remains at 2.5% - what does that mean for borrowers? So what does all this mean? I think it confirms that we may see some increase to the cash rate by the end of the year, perhaps by as much as half a percent. I also think that increases to the cash rate, which will flow onto interest rates, are likely to be gradual, and therefore interest rates will likely rise slowly. The window of oppor...

3

Greenlight Mortgages: Auckland leading real estate recovery

http://www.greenlightnz.blogspot.com/2011/06/auckland-leading-real-estate-recovery.html

Sunday, June 19, 2011. Auckland leading real estate recovery. Auckland is "clearly leading the real estate market recovery" with a 27% increase in written sales over the year to May 2011 according to the latest Harcourts Marketwatch. The signs of a recovering real estate market continue to be supported by encouraging results says harcourts NZ CEO Hayden Duncan. Link to this article to read further at www.landlords.co.nz/read-article.php? Subscribe to: Post Comments (Atom). View my complete profile.

4

Greenlight Mortgages

http://www.greenlightnz.blogspot.com/2009/10/official-cash-rate-remains-same.html

Wednesday, October 28, 2009. Official cash rate remains the same. The Reserve Bank Govenor Alan Bollard kept the official cash rate unchanged at 2.50% today, and dropped wording in his statement that rates could fall further. This indicates speculation that borrowing costs could rise as soon as the economy recovers. With any likely OCR increases the wording was similar to the last few announcements. We expect to leave the Official Cash rate at the current level until the second half of 2010.

5

Greenlight Mortgages: Are Banks starting to ease the rules???

http://www.greenlightnz.blogspot.com/2009/09/we-have-started-to-notice-some-changes.html

Thursday, September 3, 2009. Are Banks starting to ease the rules? We have started to notice some changes in the past few weeks with a slow easing in credit rules. All the banks are starting to lend again over 80% on properties bought for owner-occupied use. Clients need to have strong incomes however and little other debt. Stability in your job, and a saved cash deposit over a period of time helps considerably. The changes seem to be in line with property prices achieving some stability.

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Wednesday, December 7, 2011. Official Cash rate and Economy News. Reserve Bank Governor, Alan Bollard this morning made his last cash rate announcement for 2011, confirming no change to the cash rate which will remain at 2.5%. In providing his policy assessment he made specific comment regarding the worsening world economy and the difficulties being encountered by a growing number of European economies. He also cited weakening economic activity which has now spread and includes the Asia Pacific region.

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