Mortgage News February 26, 2020
ASB and Sovereign Stay Competitive

Effective 28th November, ASB and Sovereign both reduced their one and three year special fixed rates by up to 14 basis points. They also introduced an 18 month special fixed rate of 5.7 percent per annum.


Only home loans equal to or less than 80% LVR are eligible for the special fixed rates, and other lending criteria, terms and conditions apply.

Refer to the Lender News in iLend™ or speak to your BDM for more information.

Lender

Product

Initial Rate

+/-

Sovereign Home Loans

Special Fixed 12 Months

5.59%

-0.11%

Sovereign Home Loans

Special Fixed 18 Months

5.70%

NEW

Sovereign Home Loans

Special Fixed 36 Months

5.85%

-0.14%

ASB

Special Housing Fixed 1 Year

5.59%

-0.11%

ASB

Special Housing Fixed 18 Month

5.70%

NEW

ASB

Special Housing Fixed 3 Year

5.85%

-0.14%

 

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