St.George cuts standard variable home loan rate
Wednesday, 6 May 2015
St.George Bank today announced it will cut its standard variable home loan rate from 5.74% p.a. to 5.54% p.a., effective from 18 May, 2015.
Andy Fell, General Manager, St.George Retail Banking commented: “With competitive interest rates and a range of home loans including fixed rates, variable rates and a combination of the two, St.George Bank has home loan options to suit different needs,” Mr Fell said.
St.George offers a variety of home loan options, including for first home buyers, property investors, those upgrading their home and those refinancing their home loan.
Comparison rate for old SVR: 5.90% p.a.
Comparison rate for new SVR: 5.71% p.a.
WARNING: The comparison rate is based on a loan of $150,000 over a 25 year term. This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.