ASB cuts 2 year fixed home loan interest rate

Tuesday, 2 October 2012, 2:57 pm
Press Release: ASB Bank

Media alert – ASB cuts 2 year fixed home loan interest rate and adds a free Samsung Galaxy tablet

Tuesday 2 October 2012

ASB has reduced its 2 year fixed home loan rate from 5.45% to 5.25% per annum, the lowest unrestricted rate on the market.

“This reduced 2 year rate launches our annual spring home loan campaign, which marks the traditional increased activity in house sales over the warmer months. We are pleased to offer this fantastic rate regardless of a customer’s loan to value ratio, and new home loan customers will also receive a free Samsung Galaxy tablet and up to $1,000 cash,” says Shaun Drylie, General Manager Retail Products and Strategy.

“For new and existing customers who want some more rate certainty for the next 3, 4 or 5 years and are fixing $100,000 or more, they will also receive a free Samsung Galaxy tablet.”

For more information go to asb.co.nz/homelending

ASB fixed rate home loan interest rate change, effective 1 October 2012. Lending criteria and conditions apply.

Term Interest rate Change
2 year 5.25% - 0.20%

ENDS

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