Banking Group has introduced a new competitive rate of 4.19% p.a. for its Basic Home Loan across St George
, Bank of Melbourne and Bank SA
The promotional rate, effective from 1 July 2015, is available to new owner occupier Basic Home Loan applications and for existing customers switching into a new fixed rate.
Banking Group general manager mortgage broking Clive Kirkpatrick said, “This is a fantastic and highly competitive offer. We are very excited to launch this extremely competitive rate and urge all brokers to take advantage and get out there to share the great news with their customers.”
The Group is also offering new rates under their two and five year fixed rate for a limited time.
Under their Advantage Package, two year fixed owner occupier rates have dropped from 4.59% to 4.19%; two year fixed investor from 4.59% to 4.39% and five year fixed investor and owner occupier from 4.49% to 4.59%.
“At St. George we are committed to helping people into their own homes and we have a range of products to cater for their individual circumstances and lifestyle needs. With the competitive rates now on offer now is a great time for Brokers to speak with us,” Kirkpatrick said.