Episode
ASB Adjusts Mortgage and Savings Rates | Auckland News
- Published
- Jun 30, 2026
- Duration seconds
- 91
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Summary
ASB just dropped longer-term mortgage rates—great news if you’re locking in for 3, 4, or 5 years—while bumping up shorter-term rates like 6 and 18 months. This mirrors global wholesale rate trends, as explained by ASB’s personal banking head. They’ve also cut term deposit rates across 24–60 month terms by 10–25 basis points. Other major banks are following suit, and watch out for the Reserve Bank’s next official cash rate decision next Wednesday—it’ll shape borrowing and saving costs for months to come. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/3b7287e953aa8648