ASB NZ Olympic special cuts 5 year fixed home rate below 6%

Monday, 2 July 2012, 2:47 pm
Press Release: ASB Bank

Media alert – ASB NZ Olympic special cuts 5 year fixed home rate below 6%

Monday 2 July 2012

To celebrate our partnership with the New Zealand Olympic team, ASB is offering its lowest 5 year fixed home loan rate in more than three years.

The reduced rate of 5.99% p.a. is available for a limited time, and applies to customers with a loan to valuation ratio of under 80%.

“We are offering this fantastic limited time rate in the lead-up to the Olympics to give home owners more options on structuring their home loan. They can choose to remain on a floating rate or shorter term fixed rate, or they may opt for some certainty over the next five years through our great new temporary rate,” says Shaun Drylie, General Manager Retail Products and Strategy.

ASB is the Official and Exclusive Bank of the New Zealand Olympic Team.

ASB interest rate change:

Term Interest rate Change
5 year 5. 99% - 0.51%

ENDS

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