ASB says it has dropped some of its mortgage rates today and introduced a 4.99% offer for one of its offerings.

ASB is the latest major lender to cut its mortgage rates as banks respond to falling short-term wholesale interest rates. The bank is cutting its 6-month, 1-year and 18-month rates by 20 basis ...

ASB is the latest bank to cut home loan rates, reducing its one-year rate by five basis points to 5.49 percent. Its 18-month rate drops from 15 basis points to 5.19 percent, with the six-month ...

ASB has today reduced several of its fixed home lending rates by up to 20 basis points, marking the bank’s fifth fixed rate mortgage drop in 2025. ASB is reducing its 6-month rate by 10 basis points ...

BNZ follows ANZ and raises its floating mortgage rate by less than the RBNZ OCR increase, completing adjustments from the main banks. But the challenger banks are all yet to follo ...

The extent of interest rate falls can be seen in new data from the Reserve Bank. Borrowers were getting special six-month home loan rates of 5.85 percent on average in February, down from a peak of ...

ASB said it’s the bank’s fifth fixed-rate mortgage drop in 2025. “We’ve been consistent in our ambition to support New Zealanders on their home-ownership journey with lower mortgage rates ...