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.

* Based on a $150,000 loan over 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.