ANZ, New Zealand’s largest bank, raised several fixed-term home loan rates after the Middle East conflict pushed up wholesale funding costs. Special fixed rates from six months to three years increased by 0.10%–0.26%, taking key offers to 4.79%, 4.99%, 5.45% and 5.59% across selected terms. The changes apply to borrowers with at least 20% equity who have salary direct credited into an ANZ transaction account. The bank also lifted term deposit rates for one- to two-year terms by 0.10%–0.30%.