ASB reduces several fixed-term mortgage rates

Monday 20 October 2025 · 3 outlets · 3 reports · updated Mon 20 Oct 2025, 6:59pm

In this story Reserve Bank of New Zealand, ASB, Kiwibank

ASB has lowered a number of its fixed-term home loan rates. The 18-month rate has decreased to 4.45%, while the six-month rate dropped from 4.95% to 4.85%. Other reductions include the two-year, three-year, four-year, and five-year rates.

How they headlined it

6:29pm

1. NZ HeraldMon 20 Oct 2025, 6:29pm

   ASB cuts fixed term morgtage rates: New 18-month rate of 4.45% puts bank ahead of others (opens in new tab)

2. Stuff via RNZMon 20 Oct 2025, 6:48pm

   Another bank cuts interest rates (opens in new tab)

3. 1News via RNZMon 20 Oct 2025, 6:59pm

   Another major bank cuts interest rates (opens in new tab)