ANZ is offering a 1.68 per cent floating home loan rate for borrowers who are financing new builds. Standard floating home loan rates at the main banks are between 4.44 per cent and 4.59 per cent. The bank warned that the standard floating rate could move over that time. ASB last month launched a 1.79 per cent rate for people building a new home or buying a house and land package. READ MORE:* ASB's 1.79 per cent floating mortgage rate: What's the catch?

Source: Stuff June 27, 2021 06:45 UTC