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Banks quick to lift mortgage rates, slower on savings after OCR move

July 26, 2026

The Financial Markets Authority tracks how New Zealand's major banks adjust floating mortgage and savings rates in response to OCR changes, revealing discrepancies in rate pass-through to borrowers and savers.

The Financial Markets Authority tracks how New Zealand's major banks adjust floating mortgage and savings rates in response to OCR changes, revealing discrepancies in rate pass-through to borrowers and savers.

Source: nzherald.co.nz

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