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Banks increase mortgage rates

WestpacTrust Bank and the Bank of New Zealand put up floating mortgage rates yesterday, with other big banks expected to move next week.

Saturday, July 6th 2002, 10:21PM

by The Landlord

WestpacTrust's increase from 7.75 percent to 8 percent announced yesterday morning was followed late in the day by Bank of New Zealand lifting its rate to 7.99 percent.
Read More - Opens in a new window
« Rate rises nearing peakMore banks lift floating mortgage rates »

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