ANZ has trimmed Fixed Home Loan Rates today.

For the under 80%’ers

1 year fixed to 4.19%

2 years fixed to 4.35%

3 years fixed to 4.49%

For those under the majical 80% mark.

1 year up .09 to 4.39%

18 months up .10% to 4.49%

ASB has today tweaked up their Fixed Interest Rate specials.

1 year up 0.04% to 4.29%

2 years up 0.05% to 4.34%

3 years up 0.05% to 4.39%

HSBC has broken mortgage records by offering customers a 2 year fixed rate home loan at an interest rate of 0.99 per cent.

Sorry folks this rate is for customers in the UK…. 🙂

HSBC is offering 3.95% fixed for 18 Months for a limited time.  A headline grabber.

Leading the market, and taking the opportunity to increase their margin,  ASB has raised their 3,4, and 5 year fixed rates. For the under 80%’ers the 3 year is raised 0.26% to 4.75% and the 5 year up 0.16% to 5.25%.

Courtesy of SBS a 1 year fixed interest rate is available at 3.99%.

What a change from May 2008 when the 1 year was around 9.75%.

New Reserve Bank lending requirements are being implemented at the end of the month for the Auckland investment property market. A standalone investment property in Auckland will now be limited to 70% lending. Those who want a greater level of lending can still use existing equity in another property such as the home that they are living in to obtain the other 30% if so desired.

The BNZ has introduced a 2 year fixed home loan rate of 4.39%.

A 2 year fixed interest rate of 4.69% is out from Westpac today in line with the BNZ’s offering. (for the under 80%’ers)

BNZ has cut its 2 Year Fixed Rate to 5.15% (for a short time only)

ASB has lowered their 3 and 5 year “special rates” for the under 80%’ers to 5.45% and 5.65% respectively.