Sovereign Home Loans interest rates 30-Jan-09
Interest rate changes to fixed interest rate home loans effective Friday 30 January 2009.
Sovereign GO Home Loans interest rates
| Variable |
Term |
Old Rate |
Change |
New Rate |
|---|---|---|---|---|
| Floating |
n/a |
7.45% pa |
-0.55% |
6.90% pa |
| Revolving Credit | n/a | 7.45% pa | -0.55% |
6.90% pa |
| Fixed | Term |
Old Rate |
Change |
New Rate |
| 6 months | 7.05% pa | -1.00% |
6.05% pa |
|
| 1 year | 6.55% pa | -0.50% |
6.05% pa |
|
| Special | 18 months | 6.80% pa | -0.75% |
6.05% pa |
| 2 years | 6.65% pa | -0.40% | 6.05% pa |
|
| 3 years |
6.85% pa | -0.80% |
6.05% pa |
|
| 4 years | 6.95% pa | -0.90% |
6.05% pa |
|
| 5 years | 7.05% pa | -1.00% |
6.05% pa |
An application fee, Lenders Mortgage Insurance Fee and Early Repayment Fee may apply.
Additional margins may be charged to construction loans.
Sovereign Financial Services Limited is the agent of and manages mortgages for Mortgage Holding Trust Company Limited as nominee for ASB Bank Limited.

