BankSA cuts fixed home loan rates again

Tuesday, 20 December 2011

BankSA has announced reductions of 0.15% and 0.19% on a range of fixed home loan rates, effective from Tuesday, December 20.

One year fixed home loan rates will be cut by 0.19%, while fixed rates for two and three years will drop by 0.15%.

BankSA’s competitive Advantage Package fixed rates are now as follows:

6.14% - 1 year introductory fixed rate and 1 year fixed rate.
5.99% - 2 year fixed rate
6.09% - 3 year fixed rate.

BankSA general manager Chris Ward said the new fixed rates represented a very competitive offer for people seeking budgeting certainty in their home loan repayments.

The new fixed home loan rates quoted include BankSA’s Advantage Package discount, and are effective from today.

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