Movement in Fixed Rates
Thursday, February 01, 2007
Its seems that most of the major lenders have had a crack of the fixed rate market of late.
AMP started the trend with a suprising 5 year fixed at 7.09% while the others remained around 7.30%. Bankwest then entered the 5 year fixed scene at 6.99% and CBA followed up at 7.09% for a 3 year fixed. These rates have since increased.
Well, now its St George's turn...and they are turning up the heat!
For a limited time they are offering a 3 and 5 year fixed rate at 6.95%.
Do the banks know something about the future of interest rates that we don't??
posted by Daniel Serratore @ 12:37 pm,
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Daniel Serratore
Daniel is heading up the new generation of Finance Brokers in Sydney. With his fresh approach and "can do" attitude, Daniel has developed relationships with key people within the Sydney lending market which enables him to source great deals for his clients. Daniel is big on customer service and has built his business purely by referrals from clients and other businesses. You can catch him via the email link on the top of this page
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