ASB's home loan strategy of having matching rates from six months to two years is an interesting one as none of its rates are market leading. The closest is the 18-month rate. While some lenders are pitching their market leading rates on specific maturities (eg: SBS six months; TSB two years; Kiwibank six months to one year) ASB is making no differentiation.
We've put together this graph and some comments on a selection of lenders and their home loan pricing. As ou will see there is a wide range of options.
Other changes yesterday came from Credit Union Baywide and Public Trust.
| « ASB & Co cut rates | Quake shakes up SBS book » |
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