Source: ASB
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% |
