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ANZ and ASB raise home loan interest rates

Major banks are increasing fixed home loan rates as wholesale interest rates rise.

Skinny McBuntu

ANZ has lifted interest rates on fixed home loans, with rises in most cases larger than those made by Westpac. ANZ has also increased term deposit rates. ASB has similarly hiked home loan rates amid rising wholesale interest rates over the past month.

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Coverage across the news outlets we track, as at publication.

What outlets are saying

interest.co.nz

ANZ pushes through higher interest rates

ANZ follows Westpac with rate rises for fixed home loans, and in most cases, larger rises than Westpac made. ANZ also raises term deposit rates

Read the full story at interest.co.nz

NZ Herald

ASB hikes home loan rates amid volatility in wholesale interest rates

Wholesale interest rates have risen over the past month.

Read the full story at NZ Herald