Finance News Direct To Your InboxMake sure you are kept up to date with the latest finance news by joining our email subscription list. We’ll keep you informed with product news & interest rate updates from our panel of lenders, real estate reports on growth areas with investment potential, as well as the latest economic reports from the analysts & economists we trust. Click here to join. |
|
|
3 Year Fixed Rate 7.15%p.a. Limited Time Only |
 |
 |
 |
|
Tuesday, 12 June 2007 |
St George Bank recently dropped their 3 and 5 year fixed rates from 7.35%pa to 7.15%pa (CR 7.86%). So if you're considering fixing you'd better hurry as this is for a limited time only.
On Saturday 2nd June St George Bank discounted their 3 and 5 year fixed interest rates to 7.15%pa. This is applicable for all new home loan applications of $200,000 or more. This offer applies to new St George customers only and does not apply to existing St George customers refinancing their current loans. The discounted fixed rate applies not only to fully verified loan applicants but to lo doc loans as well and is eligible on standard fixed rate loans and no deposit fixed rate loans. St George have not mentioned how long they will be running this promotion for. They have however mentioned that it is only for a limited time. The fixed rate applies from the day of settlement of your loan, however if you do not want to miss out on the discounted rate you can lock it in from the day of application by paying a rate lock fee. There was a lot of speculation recently over interest rates and whether or not they would increase and even though the reserve bank made the decision to leave interest rate on hold many analysts still believe rates could move up again later this year. If you have been considering fixing now may be the time. 
|
|
