Heritage Bank cuts fixed rates

Heritage Bank has today announced reductions of up to 0. 50% on new fixed rate home loans for both owner-occupiers and investors.

The new rates ensure that Heritage continues to offer home loan pricing deals that are among the best in the market.

The changes to rates are:

• The owner-occupier fixed rates will reduce as follows:

   

• 2 year fixed will reduce by 0.15% to 3.84% p.a.

• 3 year fixed will reduce by 0.20% to 3.99% p.a.

   

• The investor fixed rates reduce as follows:

   

• 2 year fixed will reduce by 0.50% to 3.99% p.a.

• 3 year fixed will reduce by 0.40% to 4.09% p.a.

   

These rate changes will come into effect from 24 August.