ISCOVER
St George yesterday concluded the major banks’ response to this month’s rate cut by passing on a reduction of 0.62 per cent.
The reduction will bring the bank’s standard variable home loan rate to 7.74 per cent – in line with CBA, NAB and ANZ.
Westpac, St George’s soon-to-be parent, will have the lowest bank rate available at 7.71 per cent.
You’re out of free articles for this month
To continue reading the rest of this article, please log in.
Create free account to get unlimited news articles and more!
Looking for more benefits?
Become a Premium Member.
Meanwhile non-bank lender RAMS Home Loans today undercut all of the big banks by reducing its standard variable rate to 7.59 per cent.
The new rate will be effective Monday 10 November.
Published: 07-11-08
JOIN THE DISCUSSION