The next OCR review is on 11th August, and will provide a good indication as to whether we will see interest rates come down further in the next 6-12 months.
We are starting to see the Reserve Bank impose further lending restrictions on major banks when it comes to foreign buyers and investment lending in an effort to cool the property market. With further lending restrictions on the horizon now is a good time to speak to Haven Mortgages about your future lending requirements.
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