ANZ launches new 1.68% floating rate for new builds

ANZ NZ's Ben Kelleher says existing new build customers can restructure to take advantage of the offer. (Image: Supplied)

Jenny Ruth

Mon, 28 Jun 2021

ANZ Bank New Zealand has gazumped ASB's offer on new builds with a 1.68% floating-rate offer and said it will maintain that discount on its normal floating rate, currently 4.44%, for 24 months.ANZ is also offering up to $3,000 for first-home buyers and for customers building a 6+ Homestar-rated home, one that is built at or above the current standards set by the NZ building code, dependent on location.ANZ's offer is the lowest in the market, undercutting ASB's 1.79% offer on new builds launched in May and Heartland Bank's online...

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