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![OCR up, mortgages to rise $10 a week](/pf/resources/images/placeholders/placeholder_l.png?d=793)
OCR up, mortgages to rise $10 a week
The average floating mortgage is expected to rise by $10 a week after the Reserve Bank lifted the OCR for the first time since 2007.
![<i>Brian Fallow:</i> Rates going up but where's the ceiling?](/pf/resources/images/placeholders/placeholder_l.png?d=793)
<i>Brian Fallow:</i> Rates going up but where's the ceiling?
Brian Fallow writes that several factors will influence how often Bollard taps the brakes.
![Pressure on Bollard to hold rates steady](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Pressure on Bollard to hold rates steady
Opinion is divided on whether inflationary pressures and the global crisis will be enough for Alan Bollard to begin lifting rates next week.