ASB hike fixed rates again

Mortgage Rates

ASB and its subsidiaries hike up fixed rates again, making it twice in one-month.

ASB, BankDirect, Sovereign and NZ Home Loans all increased six-month and one-year rates by 25 basis points, 18-month rates went up by 15 basis points and two and three-year rates rose by 10 and five basis points respectively.

ASB Bank and BankDirect now hold the highest bank standard fixed home loan rates for these terms. ASB and BankDirect also raised bank deposit rates which can be viewed here.

Keen for the best rate and some cash too?

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With over 1,425 five star reviews on Shopper Approved, Squirrel has helped thousands of Kiwis just like you secure the best possible rate when refixing or refinancing. Squirrel often beats the advertised rates so it's worth getting them to review your mortgage.

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New Zealand

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New Zealand

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