https://www.scoop.co.nz/stories/BU2412/S00010/asb-lowers-fixed-mortgage-rates.htm
|
| ||
ASB Lowers Fixed Mortgage Rates |
||
ASB has today announced adjustments to its fixed mortgage rates, following the bank’s reductions across floating mortgage rates last week. ASB’s latest changes include a 20-basis point reduction to its 1-year term, down to a joint market-leading rate of 5.79%.
ASB has also reduced some of its term deposit rates by between 10 and 20 basis points.
All rate adjustments are effective immediately for new and current customers.
| Fixed home lending term | Previous rate | New rate | Rate decrease |
| 6-month | 6.39% | 6.19% | -0.20% |
| 1-year | 5.99% | 5.79% | -0.20% |
| 18-month | 5.79% | 5.59% | -0.20% |
| 2-year | 5.69% | 5.49% | -0.20% |
| 3-year | 5.69% | 5.59% | -0.10% |
Home Page | Business | Previous Story | Next Story
Copyright (c) Scoop Media