ANZ has changed all its fixed home loan rates.
The changes will be effective from July 1, 2014.
At the same time it has raised most of its term deposit rates for terms of one year and less.
On the mortgage front, the biggest increase comes for the six month fixed term. This rises +20 bps to 5.95%.
Their one year rate rises +10 bps to 6.05%, while their 18 month rate is up only +6 bps to 6.25%.
ANZ have announced a decrease for their two year rate, down -4 bps to 6.45%.
And they have introduced a three year 'special' at 6.25%, which is -30 bps below the old standard three year rate. The new standard three year rate is now 6.65%.
The standard four year rate has been decreased by -24 bps to 6.95%.
And their five year fixed rate is now 7.15%, a decrease of +25 bps to 7.15%.
ANZ's low equity loans - that is, where there is less than a 10% deposit - are all +50 bps higher than these rates. (The 3 year 'special' does not apply in this case.)
The 5.95% two year 'special' has now ended.
These changes come after most other banks have readjusted their rates.
None of the ANZ changes are market-leading. Most of their new price points as either similar to those of their rivals, or above them.
To stay updated with the latest rates, see all banks' carded, or advertised, home loan rates here.
This is how the updated ANZ mortgage rates compare as at 6:00 am Tuesday, July 1, 2014:
| below 80% LVR | 1 yr | 18 mths | 2 yrs | 3 yrs | 5 yrs |
 |
6.05% | 6.25% | 6.45% | 6.25% | 7.15% |
 |
6.09% | 6.30% | 5.85% | 6.65% | 6.99% |
 |
5.99% | 6.25% | 6.39% | 6.25% | 6.99% |
| Kiwibank | 5.85% | 5.85% | 6.29% | 7.20% | |
 |
6.09% | 6.30% | 6.39% | 6.65% | 6.99% |
| Co-op Bank | 6.00% | 6.00% | 6.00% | 6.25% | 6.89% |
 |
5.85% | 5.99% | 6.25% | 6.99% | |
 |
5.85% | 5.99% | 5.99% | 5.95% | 6.79% |
| TSB | 5.70% | 5.85% | 5.80% | 6.50% | 7.20% |
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