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More banks lift floating mortgage rates

ANZ Bank and ASB Bank have joined WestpacTrust and Bank of New Zealand in raising their floating mortgage rates. Both ANZ and ASB lifted variable home lending interest rates, from 7.75 percent to 8.00 percent. National Bank is the only big bank yet to lift rates.

Wednesday, July 10th 2002, 10:19AM

by The Landlord

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« Banks increase mortgage ratesFurther easing in fixed interest rates »

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