Mortgage News February 26, 2020
Homeloans and St George group reduces rates

Effective Wednesday, 5th March, Homeloans reduced its Ultra full doc variable rates by 0.05% p.a. For variable rate home loans greater than or equal to $500,000, a 0.10% p.a. reduction will apply.

Also, St George, Bank of Melbourne and BankSA reduced its 3 year fixed rates by 0.10% p.a. The new rates are available to new customers and existing customers switching into a new fixed rate.

Check out the new rates in iLend™.

Lender

Product

Initial Rate

+/-

Homeloans Ltd

Ultra Plus 80

4.84%

-0.05%

Homeloans Ltd

Ultra Plus

4.94%

-0.05%

Homeloans Ltd

Ultra 80

4.99%

-0.05%

Homeloans Ltd

Ultra

5.09%

-0.05%

Homeloans Ltd

Ultra Plus LOC 80

4.94%

-0.05%

Homeloans Ltd

Ultra Plus LOC

5.04%

-0.05%

Homeloans Ltd

Ultra LOC 80

5.09%

-0.05%

Homeloans Ltd

Ultra LOC

5.19%

-0.05%

Bank of Melbourne

3 Year Fixed

5.14%

-0.10%

Bank of Melbourne

3 Year Fixed Advantage

4.99%

-0.10%

Bank of Melbourne

Low Doc 3 Year Fixed

5.14%

-0.10%

Bank of Melbourne

Low Doc Portfolio 3 Year Fixed

5.14%

-0.10%

Bank of Melbourne

Super Fund Home Loan 3 Year Fixed

5.54%

-0.10%

BankSA

3 Year Fixed

5.14%

-0.10%

BankSA

3 Year Fixed Advantage

4.99%

-0.10%

BankSA

Low Doc 3 Year Fixed

5.14%

-0.10%

BankSA

Low Doc Portfolio 3 Year Fixed

5.14%

-0.10%

BankSA

Super Fund Home Loan 3 Year Fixed

5.54%

-0.10%

St George Bank

3 Year Fixed

5.14%

-0.10%

St George Bank

3 Year Fixed Advantage

4.99%

-0.10%

St George Bank

Low Doc 3 Year Fixed

5.14%

-0.10%

St George Bank

Low Doc Portfolio 3 Year Fixed

5.14%

-0.10%

St George Bank

Super Fund Home Loan 3 Year Fixed

5.54%

-0.10%

 

Read more news...