ASB cuts fixed term morgtage rates: New 18-month rate of 4.45% puts bank ahead of others
ASB’s 18-month rate comes down to 4.45%, just lower than ANZ, BNZ, and Westpac’s 4.49%. Its two-year rate has dropped to 4.49%, on par with ANZ and Westpac, but lower than BNZ’s 4.65% rate and Kiwibank’s 4.69%. ASB has cut its three-year rate to 4.79%, its four-year rate to 5.09% and its five-year rate to 5.15%. ANZ’s three-year rate, for comparison, is also 4.79%, while BNZ and Westpac’s are 4.85% and Kiwibank’s is 4.99%.