Mortgage Rate Rises

Daily PostAugust 08, 2006

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Summary


NORTHERN Rock became the first of the major banks to increase its mortgage interest rates yesterday following the Bank of England's rate hike to 4.75% last week.

A spokesman for Northern Rock said its standard variable rate will increase by 0.25% to 6.84% with effect from September 1.

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Mortgage Rate Rises

Rates pa...

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