Lenders Follow Reserve Bank
Following the Reserve Bank of New Zealand’s decision to lift the Official Cash Rate by 0.25%, ASB and Sovereign Home Loans updated their variable rates.
|
Lender
|
Product
|
Initial Rate
|
+/-
|
|
ASB
|
Housing Variable
|
6.75%
|
0.25%
|
|
ASB
|
Orbit
|
6.75%
|
0.25%
|
|
Sovereign Home Loans
|
Go First Standard Variable
|
6.85%
|
0.25%
|
|
Sovereign Home Loans
|
Go Standard Variable
|
6.85%
|
0.25%
|
|
Sovereign Home Loans
|
NewBuild Standard Variable
|
6.85%
|
0.25%
|
|