ASB reverses last week's increases
Monday, August 8th 2011, 4:47PM 
1 Comment
ASB has, as we expected, reveresed its home loan rate increases made last week. It says it is "responding swiftly" to wholesale funding movments.
The cuts range from 25 to 35 basis points across all fixed rates except the six month term. The biggest decreases (35 points) are to two and five year rates. The smallest (25 points) are to one and three year rates.
See how ASB's new rates compare to other lenders here.
The changes take effect on Tuesday morning.
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Comments from our readers
On 10 August 2011 at 10:45 am kristina@prestigerealty.co.nz said:
interesting
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