More Australian Banks cut fixed home loans

Nicholas December 21, 2011 288 views 0
More Australian Banks cut fixed home loans

These fixed home loan offers are available for a limited time to new St.George customers and to existing customers switching into a new fixed rate.

The announcement is the latest in a recent series of home loan interest rate decreases by Australian banks.

“We’ve actually now cut our fixed home rates seven times since July,” said Rob Chapman, Chief Executive St.George Bank.

“Our 3 year fixed rate is lower than the four major banks and we’re also very competitive against the market for our 1 and 2 year fixed rate.

“This is a good time for customers to review their home loans. Fixed loans give customers the assurance of locking in their repayments for a fixed period, or customers can split their home loan
between fixed and variable rates,” said Rob Chapman.

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