{"id":276541,"date":"2026-02-10T07:55:08","date_gmt":"2026-02-10T07:55:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/276541\/"},"modified":"2026-02-10T07:55:08","modified_gmt":"2026-02-10T07:55:08","slug":"tsb-cuts-one-year-fixed-home-loan-rate-to-4-39","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/276541\/","title":{"rendered":"TSB cuts one-year fixed home loan rate to 4.39%"},"content":{"rendered":"<p><img  alt=\"TSB is dropping its one-year fixed home loan rate to 4.39% per annum. Photo \/ Getty Images\" class=\"article-media__image responsively-lazy\" data-test-ui=\"article-media__image\"\/>TSB is dropping its one-year fixed home loan rate to 4.39% per annum. Photo \/ Getty Images<\/p>\n<p class=\"sOrINelcmiMRl\" style=\"display:none\">Burgess said by providing this one-year rate, TSB is backing its commitment to helping people make the numbers work for them.<\/p>\n<p class=\"sOrINelcmiMRl\" style=\"display:none\">The New Zealand-owned bank said supporting customers through changing economic conditions is its purpose.<\/p>\n<p class=\"sOrINelcmiMRl\" style=\"display:none\">\u201cWe know every dollar counts,\u201d Burgess said. <\/p>\n<p class=\"sOrINelcmiMRl\" style=\"display:none\">\u201cOffering this rate is one of the ways we can help people feel more confident about their financial decisions as they plan their year ahead.\u201d<\/p>\n<p class=\"sOrINelcmiMRl\" style=\"display:none\">TSB encouraged homeowners to review their lending and consider whether switching banks could make a difference.<\/p>\n<p class=\"sOrINelcmiMRl\" style=\"display:none\">This comes a day after ASB announced it was hiking some of its longer-term home loan rates while cutting its shortest offering.<\/p>\n<p class=\"sOrINelcmiMRl\" style=\"display:none\">ASB said its six-month <a href=\"https:\/\/www.nzherald.co.nz\/business\/asb-hikes-longer-term-mortgage-rates-lowers-six-month-rate\/BBIIMU5LL5DJTJZ5CQRS37IHG4\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.nzherald.co.nz\/business\/asb-hikes-longer-term-mortgage-rates-lowers-six-month-rate\/BBIIMU5LL5DJTJZ5CQRS37IHG4\/\">fixed home loan rate<\/a> would drop 6 basis points (bps) to 4.59%.<\/p>\n<p class=\"sOrINelcmiMRl\" style=\"display:none\">Its one-year fixed interest rate will increase 10bps from 4.49% to 4.59%.<\/p>\n<p class=\"sOrINelcmiMRl\" style=\"display:none\">ASB is also increasing its two-year fixed mortgage rate by 20bps to 4.95%.<\/p>\n<p class=\"sOrINelcmiMRl\" style=\"display:none\">Meanwhile, its three-year rate will move from 5.09% to 5.19%.<\/p>\n<p class=\"sOrINelcmiMRl\" style=\"display:none\">The new Reserve Bank Governor, Anna Breman, will make her first OCR decision \u2013 and the first for the year \u2013 next week.<\/p>\n<p class=\"sOrINelcmiMRl\" style=\"display:none\">The OCR was cut by 25bps to 2.25% in November.<\/p>\n<p class=\"sOrINelcmiMRl\" style=\"display:none\"><a href=\"https:\/\/www.nzherald.co.nz\/nz\/the-daily-h-your-fast-smart-guide-to-the-days-biggest-headlines\/VQR5CULLQRECZP2ORSWPGDORBU\/?utm_source=nzherald&amp;utm_medium=article&amp;utm_id=nz_cta\" title=\"https:\/\/www.nzherald.co.nz\/nz\/the-daily-h-your-fast-smart-guide-to-the-days-biggest-headlines\/VQR5CULLQRECZP2ORSWPGDORBU\/?utm_source=nzherald&amp;utm_medium=article&amp;utm_id=nz_cta\" rel=\"nofollow noopener\" target=\"_blank\">Sign up to The Daily H<\/a>, a free newsletter curated by our editors and delivered straight to your inbox every weekday.<\/p>\n","protected":false},"excerpt":{"rendered":"TSB is dropping its one-year fixed home loan rate to 4.39% per annum. Photo \/ Getty Images Burgess&hellip;\n","protected":false},"author":2,"featured_media":276542,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[76407,3471,138,10666,18692,219,8498,1345,18060,33091,111,139,69,43965,19257,61,76405,5977,80],"class_list":["post-276541","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-76407","tag-among","tag-business","tag-cuts","tag-cutting","tag-economy","tag-fixed","tag-home","tag-loan","tag-lowest","tag-new-zealand","tag-newzealand","tag-nz","tag-oneyear","tag-rate","tag-to","tag-tsb","tag-which","tag-zealand"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/276541","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=276541"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/276541\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/276542"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=276541"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=276541"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=276541"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}