ASB Leads The Way With Interest Rate Rises

ASB are out today with its 2nd series of fixed interest rate rises in the past 3 weeks. The floating rate also gets a tweak up 0.10% despite the OCR cut a week ago.

3 years fixed up 0.40%

4 years fixed up 0.60%

5 years fixed up 0.50%

These are big moves over a 3 week period highlighting the benefit of staying in close touch with your broker if your not following the market yourself.