ASB hikes home loan rates amid volatility in wholesale interest rates

Home / BusinessHerald ReportersNZ Herald·5 Aug, 2026 08:52 PM2 mins to read‌NZ Herald Headlines | New industry-led subjects for secondary schools, government launches mental health strategy | Thursday, August 6, 2026ASB is hiking some of its home loan rates by as much as 26 basis points as volatility in wholesale interest rates continues.The bank said today that its popular two-year fixed mortgage rate would increase from 5.25% to 5.45%, effective immediately. The largest increase is to its 18-month fixed AdvertisementAdvertise with NZME.