St.George announces changes to interest rates
20 June 2017
St.George Bank today announced an 8 basis points reduction in variable interest rates for new and existing customers paying principal and interest on their owner occupier home loans. This will take the standard variable rate for owner occupiers to 5.22% p.a.
St.George Bank has also adjusted interest only rates for variable home loans as follows:
- Owner occupier interest only will increase by 31 basis points to 5.81% p.a.
- Investor interest only will increase by 34 basis points to 6.32% p.a.
- Portfolio loan will increase by 34 basis points to 6.44% p.a
Changes are effective for all home loans on 30 June 2017.
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