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ASB raises home loan rates while boosting savings rates

Hibiscus Coast App

Staff Reporter

04 September 2023, 7:31 PM

ASB raises home loan rates while boosting savings rates

ASB Bank has raised its fixed home loan rates, making it the only local bank offering a 2-year rate over 7%.


This is the highest home loan rate from ASB since October 2009.


At the same time, ASB is offering savers a 6% term deposit rate for one-year and eighteen-month terms.



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