Another “Special” thru tonight from ASB and Sovereign of a 4 year fixed interest rate @ 5.79%. Available for new and existing customers provided the loan to value ratio is under 80% the announcement notes it “is for a limited time only”.
Enjoy your weekend.
The Official Cash Rate was left unchanged this morning.
The Reserve Bank Governor Alan Bollard noted that they continue to monitor the Euro area “situation carefully given the potential for rapid change.”
Last Friday ASB withdrew its home loan 5 year fixed interest rate special of 5.99% which was highlighted in the previous post. It was replaced with an advertised rate of 6.50%.
Although with the 5 year swap rate having trembled down to 3.05% this week, it would be worth having a crack at getting that 5.99% if you were comfortable with such a long term fix.
Notification thru today from ASB of a special, 5 year fixed interest rate of 5.99%. Available for new and existing customers provided the loan to value ratio is under 80% the announcement notes it “is for a limited time”. This sort of rate was last seen in the wild back in February 2009, when for a 6 week period, 5 years fixed at 5.95% was available.