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ASB Reduces 18-month Mortgage Rate To 6.89%
ASB has today reduced its 18-month fixed home lending rate by 26 basis points from 7.15% to 6.89%, effective immediately. This is the lowest 18-month rate across the major banks.
The following can be attributed to ASB Executive General Manager Personal Banking Adam Boyd.
“This competitive 18-month rate will be good news for people looking to hedge their bets in the current economic environment. Whilst we don’t know the direction of the OCR, wholesale rates remain elevated and the geo-political environment remains volatile. Our 18-month rate may appeal to customers who want to balance security with flexibility.”
ASB Bank
Helping you get one step ahead.
In 1847, ASB opened as the Auckland Savings Bank with the pledge: 'to serve the community; to grow and to help Kiwis grow'. And that is very much what ASB is about today.
ASB is a leading provider of integrated financial services in New Zealand including retail, business and rural banking, funds management and insurance.
ASB strives to consistently provide its customers with outstanding service and innovative financial solutions. They're dedicated to providing simple financial products that allow their customers to bank with them how and when they want.
We all have our own ways to measure progress, and our own stories about the things that matter to us. Whatever way you choose to measure progress, and whatever your goals, ASB is there to help you get one step ahead.
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