St George Increase rate by 0.25% for investment loans

Posted Sunday, 02 August 2015 at 22:15 by Shape Home Loans
Tagged: APRA lending laws | Investors | interest rates | Loan for investment | Loan for investor
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Rate changes on residential Investor loans for St George Bank

Following the introduction of Investor lending growth benchmarks set by APRA, we will be increasing interest rates for residential investment property loans.

Standard variable interest rates on our residential investment property loans for new and existing customers will increase by 0.25% to 5.79% for St.George; effective 21 August 2015.

Fixed rates on residential investment property loans will also increase by up to 0.30%, effective 4 August 2015.

Click here for a Promo 85% LVR NO LMI loans on offer for any new owners occupier loans with  St George Bank - From  4th August 2015 - 15th September 2015.