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ASB lowers home loan fixed interest rates

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Fuseworks Media
Fuseworks Media

ASB has lowered a range of its home loan fixed interest rates, including its one year and two year fixed interest rate specials.

The one year fixed interest rate special is reducing by 0.36% p.a. to 4.99% p.a., and the two year fixed interest rate special is reducing by 0.29% p.a. to 5.10% p.a. ASB is also reducing its carded fixed interest rates across terms from six months to four years.

ASB’s fixed rate specials apply to customers who have at least 20% equity (i.e. a Loan to Valuation Ratio of less than or equal to 80%), have their salary or wages credited to a main transaction account with ASB and one other ASB product.

"Our new lower rates provide a range of competitive options for those customers wanting the flexibility of a short term rate, and those wanting the certainty of a longer term rate," says Vince Clark, ASB’s Head of Home Lending.

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