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ANZ decreases variable home lending rates
ANZ today announced a decrease in variable home lending rates.
The ANZ Standard Variable Home Loan interest rate will decrease from 7.60% p.a. to 7.35% p.a. for new applications received from Friday 13 June 2003 and for existing customers from Friday 4 July 2003.
In addition, ANZ's Easy Start introductory twelve-month variable rate will decrease from 6.10% p.a. to 5.85% p.a. for new customers. For existing ANZ Easy Start customers the current rate will also decrease by 0.25% p.a. The ANZ Money Saver variable rate will decrease from 7.00% p.a. to 6.75% p.a. These changes are effective for new applications received from Friday 13 June 2003 and for existing customers from Friday 4 July 2003.
The ANZ FlexiPlus home loan interest rate will decrease from 7.60% p.a. to 7.35% p.a. for both new and existing customers from Friday 4 July 2003.
ANZ also announced the launch of a new 18-month fixed rate special of 5.99% p.a., effective from Friday 13 June 2003. ANZ now offers two fixed rates at 5.99% p.a. - the 10-month and 18-month fixed rates. "We are pleased to offer these lower home lending rates, made possible by lower wholesale interest rates following the Reserve Bank's rate cuts in recent weeks," said ANZ's General Manager Mortgages, Mr David Hamilton.
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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