SBS latest to increase rates
Friday, February 5th 2010, 5:06AM
SBS has changed its mortgage rates today hiking up its one-year rate by 10 basis points to 6.35% and its two-year rate by 5 basis points to 7.30%.
The one-year rate was previously on the median for minor bank lenders at 6.25%.
Southern Cross Building Society also upped its one and two-year fixed rates by 20 basis points to 6.10% and 7.10% respectively. Its new rates are still well below the median for these terms for non-bank lenders.
| « Westpac ups one-year rates | Yep, it's the two-year market for SBS » |
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