Change to Variable Rates - effective Tuesday 8 July 2008

St George Bank have just announced that due to continued higher costs of wholesale funding St George/BankSA will increase the interest rates on its Variable Rate Home Loans (excluding Low Doc loans) by 0.20%pa. This new rate will be effective for both new and existing borrowers from Tuesday 8 July 2008.

St George Variable interest rate Home Loan products which are increasing are;

  • Standard Variable
  • Portfolio Variable Loan
  • Discount Variable
  • Seniors Access Home Loan
  • St.George No Deposit Home Loan – Quick Start Option
  • St.George No Deposit Home Loan – Flexi Deposit (LMI) Option (For new applications from 26 November 2007)
  • No Deposit Home Loan – Loan Extension Fee Option (for loans approved from 4 September 2006)
  • Loyalty Variable
  • Business Umbrella Investment Loan

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