PHOTO: Adrian Orr. FILEAdrian Orr said interest rates are returning to normal after being low during the Covid-19 pandemic.MORTGAGE SHOCK COMING: NZ’s Official Cash Rate (OCR) increased to 2% | Australia’s is 0.35% View this post on InstagramMOST POPULARMORTGAGE SHOCK COMING: NZ’s Official Cash Rate (OCR) increased to 2% | Australia’s is 0.35%Ex Ray White agent brings the world’s fastest growing real estate brand to NZHow bad could it get? | The ‘worst-case scenarios’ for New Zealand house pricesAbandoned land for saleSimon Bridges’ Tauranga family home passed in at auction | WATCHKim Kardashian buys the house next doorOCR decision: Another double-hike on cardsHow an Australian woman got her ENTIRE house for FREEBudget 2022 – find out how it will effect housing in New Zealand | UPDATED LIVE (WATCH)Short term mortgage rates will rise by at least a quarter of a percentRelatedTAGS: Adrian Orr, agent, Auckland, auckland real estate, COVID-19 pandemic, house prices, housing, interest rates, NZ interest rates, NZ mortgage rates, NZ mortgages, OCR, Official Cash Rate, property market, property news, property prices, RBNZ, real estate agent, real estate agents, real estate news, The Reserve Bank of New Zealand