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St George has made several changes to its fixed rate products bringing the bank in line with most of its peers in increasing its fixed lending rates.
Effective yesterday, St George’s three year fixed rate now sits 50 basis points higher. At 6.49 per cent is now on par with NAB, which lifted its three year fixed rate on Monday.
ANZ’s three year fixed rate home loan now offers the lowest rate of 6.34 per cent, while CBA’s three year fixed loan sits highest at 6.69 per cent.
Standard variable rates on mortgages from the major lenders currently stand at 5.74 per cent at NAB and CBA, 5.79 per cent at St George, and 5.81 per cent at both Westpac and ANZ.
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