ASB cuts three, four and five-year fixed home loan interest rates
21 January 2013
ASB is cutting its three, four and five year fixed home loan rates.
“ASB has reduced its three, four and five year fixed interest rates to assist our customers who want more certainty in
their home loan repayments over the longer term. Our special two-year fixed home loan interest rate of 5.25% has come to
an end, and the two-year term is now aligned this with the 12 and 18 month fixed home loan interest rate of 5.45%. Our
popular Samsung Galaxy promotion continues until 28 February on all new lending over $100,000,” says Shaun Drylie,
General Manager Retail Products and Strategy.
ASB fixed home loan interest rate change, effective 21 January 2013.
Term
Previous Interest rate
New Interest Rate
Change
6 month
5.75%
5.75%
No change
1 year
5.45%
5.45%
No change
18 month
5.45%
5.45%
No change
2 year
5.25%
5.45%
+ 0.20%
3 year
5.90%
5.75%
- 0.15%
4 year
6.10%
5.95%
- 0.15%
5 year
6.50%
6.25%
- 0.25%
ENDS