jul 30, 1991 - Housing Corporation subsidised mortgages: Interest rate increased

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Housing Corporation of New Zealand subsidised mortgage interest rates were increased by one percent. Increases of a further one percent each year were announced and these would occur until such time as market interest rates were reached.

Source: https://www.msd.govt.nz/about-msd-and-our-work/about-msd/history/social-assistance-chronology-programme-history.html

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