Article #976495182
Friday, May 29th 2009, 7:09AM
Southern Cross Building Society has reduced both its six-month and one-year fixed rates by 20 basis points to 5.49%. This makes their one-year rate now the lowest on our table together with Westpac and BNZ's Classic rate.
SBS has increased its five-year home loan fixed rate by 25 basis points. This is on top of the 10 basis point increase they made to the same rate last week.
General Finance and Cairns Lockie have also made increases to its long term fixed rates. For both lenders the three-year rate went up by 10 basis points, the four-year rate up by 25 basis points and the five-year rate has increased by 35 points.
Click here to view our rates table in full and click here to graph comparisons.
| « ANZ National increase long rates | Yep, it's the two-year market for SBS » |
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