St George Interest Rate Changes Update
Updated: Nov 14, 2019
At St.George, clients are important. Please read the following information to keep you up to date on interest rates.
Basic interest rate changes effective Monday 28 October 2019
Effective Monday 28 October 2019, St.George will be increasing the promotional rate discount for Basic Owner Occupier Loans with Principal & Interest repayments by 0.15% p.a.
Basic Home Loan FAQs
Q. What interest rate will apply to pipeline Basic Home Loan applications which have not yet settled?
The prevailing base variable rate at the time of settlement including the promotional discount at the date of application will apply. Interest rate applicable at the time of settlement = Basic Home Loan base variable rate at the time of settlement – promotional discount at the time of application. The interest rate displayed on the Loan Offer Document (LOD) may be different from the actual home loan interest rate on the date of settlement if the Basic Home Loan base variable rate changes anytime between the LOD issuance date and the settlement date.
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