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Double hit could see mortgage rates rise to 10.5pc
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Here are the first few lines of that article:
Mortgage interest rates are set to go up again as the Reserve Bank tries to hammer the housing market, and house prices are likely to stagnate in the next two years, according to Westpac Bank forecasts.
Reserve Bank governor Alan Bollard is expected to lift official interest rates another notch next week, to 8 per cent, and may move them up again in September, Westpac says.
....how long till the next election?
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