ASB hike fixed rates again

Sunday, November 8th 2009, 8:23AM

ASB and its subsidiaries hike up fixed rates again, making it twice in one-month.

ASB, BankDirect, Sovereign and NZ Home Loans all increased six-month and one-year rates by 25 basis points, 18-month rates went up by 15 basis points and two and three-year rates rose by 10 and five basis points respectively.

ASB Bank and BankDirect now hold the highest bank standard fixed home loan rates for these terms. ASB and BankDirect also raised bank deposit rates which can be viewed here.

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