Jenee Tibshraeny: How will the latest OCR update impact mortgages?
The Reserve Bank moved to keep the OCR on hold today, surprising experts who were expecting an increase.
The Monetary Policy Committee voted four votes to three to hold the cash rate at 2.75 percent.
NZ Herald Wellington business editor Jenee Tibshraeny explains what this development could mean for mortgage holders.
LISTEN ABOVE
Take your Radio, Podcasts and Music with you