St George has raised the interest rates on the bank’s three, four and five year fixed rate home loans.
The changes which are effective today will mean that St. George’s three year fixed rates will jump 0.35 per cent to 5.69 per cent, while their four and five year fixed rates will rise by 0.40 per cent to 6.34 per cent.
The bank’s one year fixed rate will drop 0.10 per cent to 5.34 per cent.
The hikes bring the bank in line with Commonwealth Bank of Australia, National Australia Bank and Westpac, who lifted their fixed home loan interest rates over the last few weeks.
(Mortgage Business)
