ASB reduces one-year fixed home loan rate
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