June 7, 2007 1:29pm by David Farrar And the result for NZers And as the OCR goes up, the mortgage rates go up. Note this shows the monthly average rate as calculated by the Reserve Bank and only goes up to end of May. Today’s announcement will push them higher still. Share this:FacebookTwitterLinkedInRedditWhatsAppMorePinterestPrintTumblrLike this:Like Loading...