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Voice of the Commonwealth - The Global Influencer

Voice of the Commonwealth - The Global Influencer

Previously forecasted mortgages defies homeowners!

WELLINGTON (CU)_Homeowners in New Zealand are now facing the prospect of more expensive mortgages than previously anticipated, as one of the key lenders decided to hike the interest rates charged on a number of its home loan terms. Accordingly, some borrowers are seeing an increase of over $220 in their repayments for just a fortnight.

Kiwibank, this week, decided to increase…

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