NZ Property Podcast EP 11: What's going on with the OCR? ft. John Bolton

This week and next we speak with John Bolton, a very successful property investor and the founder of Squirrel Mortgages, a popular mortgage brokerage in Auckland. We dive straight into the big question going on in New Zealand right now, what's happing with the OCR and what does that mean for everybody's mortgages? John's answers may surprise (and relieve) a lot of listeners and it's definitely worth learning more about how the OCR and reserve bank works. We also talk a bit about what it's like dealing with a mortgage broker vs going directly to the bank, why the banks ask for a higher deposit for properties with more than three incomes.  Happy listening!   To get episodes direct to your device of choice, follow us on iTunes, Stitcher Radio, or Spotify. Disclaimer: Property Ventures Real Estate Limited is a Licensed Agent under the REAA 2008. The New Zealand Property Podcast does not purport to be comprehensive nor to provide specific advice. Any opinions expressed in this podcast may not match the opinion of Property Ventures Real Estate. No person should act in reliance on any statement made within this podcast without first obtaining professional advice.