TSB cuts home loan rates with three terms below 3%
TSB is launching five new home loan rates, three of which are below 3% and the lowest ever offered by the Bank.
The new rates effective from Friday 22 May 2020 are:
- One-year 2.79%
- 18 months 2.99%
- Two-years 2.99%
- Three-years 3.39%
- Six months 3.39%
General Manager Marketing and Customer Experience Justine St John says the new rates make TSB the only major bank offering “three below three”.
“We’re committed to supporting New Zealanders with a variety of low home lending rates at a time when people need financial flexibility more than ever.
“We’re pleased these low rates will give Kiwis more options and make it even easier to support a New Zealand owned bank.”
New Zealanders can start the application process at tsb.co.nz or talk to TSB’s lending team on 0800 872 226, through a TSB branch or via one of our mobile mortgage managers. Lending terms and conditions apply.
ENDS
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