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ANZ Announce A Decrease In Home Loan Interest Rate
Wednesday 14 November
For Immediate Release
ANZ Announce A Decrease In Home Loan Interest Rates
ANZ's Managing Director, Dr Murray Horn, today announced a decrease in variable home lending rates.
The standard variable home loan interest rate will decrease from 7.20% per annum to 6.70% per annum for new applications received from Wednesday, 14 November 2001 and for existing customers from Friday, 14 December 2001.
In addition to this change, ANZ's Easy Start introductory twelve month variable rate will decrease from 6.20% per annum to 5.70% per annum and the ANZ Money Saver variable rate will also decrease from 6.80% per annum to 6.30% per annum. These changes are also effective for new applications received from Wednesday, 14 November 2001 and for existing customers from Friday, 14 December 2001.
The ANZ FlexiPlus home loan interest rate will decrease from 7.20% per annum to 6.70% per annum for both new and existing customers from Friday, 14 December 2001.
Dr Horn also announced a new special 6 month fixed rate of just 4.95% for home loans approved by 14 December 2001.*
"These reductions follow a sharp fall in wholesale interest rates," Dr Horn said.
* conditions apply.
For further information please contact: ANZ External Relations Manager, Steve Fisher on (09) 374-4123 or 025 642 5823.
ANZ Bank New Zealand Limited
Get on top of your money
ANZ has been helping New Zealanders get on top of their money ever since we opened for business in 1840. We were New Zealand's first bank and today we have a large network of full-service branches and ATMs, and talented people across the country.
We're passionate about helping our customers make their money work harder and equipping them to make better financial decisions. Whether it's travelling the world, buying a home, building a business, investing for the future or protecting their family's future, we use our financial strength and expertise to help make it happen.
Through our sponsorships, our Staff Foundation and thousands of staff volunteer hours each year, we support causes that make a difference to New Zealanders.
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