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ASB reduces one-year fixed home loan rate
Tuesday 13 November 2018
ASB has lowered its one-year fixed home loan rate by 24bps.
ASB’s one-year fixed home loan rate (special) has reduced from 4.19% p.a. to 3.95% p.a., while the standard rate for the same term has reduced from 4.59% p.a. to 4.45% p.a.
The reduced rate is available for new and existing home lending from 9am Wednesday 14 November.
| Updated home loan rates | Old rate | New rate |
| One year | Special* – 4.19% Standard – 4.59% | Special* – 3.95% Standard - 4.45% |
*ASB’s special home loan rates are subject to customers having a minimum of 20% equity. Terms and lending criteria apply.
For more information go to asb.co.nz/homelending
ENDS
ASB Bank
Helping you get one step ahead.
In 1847, ASB opened as the Auckland Savings Bank with the pledge: 'to serve the community; to grow and to help Kiwis grow'. And that is very much what ASB is about today.
ASB is a leading provider of integrated financial services in New Zealand including retail, business and rural banking, funds management and insurance.
ASB strives to consistently provide its customers with outstanding service and innovative financial solutions. They're dedicated to providing simple financial products that allow their customers to bank with them how and when they want.
We all have our own ways to measure progress, and our own stories about the things that matter to us. Whatever way you choose to measure progress, and whatever your goals, ASB is there to help you get one step ahead.
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