St George has slashed 40 basis points off its two year fixed rate in a bid to reposition itself as a competitive major lender.
This reduction takes the St George two year fixed rate home loan to 7.14 per cent.
In addition to the 0.4 per cent reduction, borrowers will also be eligible for a further 0.15 per cent discount provided they opt for the St George advantage package loan.
The major’s chief executive Greg Bartlett said the rate decrease would be welcome news for home loan customers looking to lock in a competitive, fixed rate home loan.
“For customers seeking interest rate certainty, St George’s 2 year fixed rate home loan now represents even better value for money,” he said.
The announcement comes just one week after ANZ announced it would trim the fat on its three, four and five year fixed rates.
ANZ slashed six basis points from its three-year fixed rate, 19 basis points from its four-year fixed loan and nine basis points from its five-year loan.
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Joining host Phil Tarrant, Sally will draw on her 25 years of experience in valuation and discuss the processes involved in arriving at a value for a particular property. She will also share how that process differs between commercial and residential properties and the difficulties which regional property valuations can present.
Sally will unpack the importance and cost of regular valuations on your properties, discuss whether presentation and owner input can sway a valuation and share what you should look for when seeking a reputable property valuer.
If you like this episode, show your support by rating us or leaving a review on iTunes (The Smart Property Investment Show) and by following Smart Property Investment on social media: Facebook, Twitter and LinkedIn.
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RELATED AREAS OF INTEREST:
Do this one thing before you invest in a commercial SMSF property
Why is investing in commercial property in an SMSF so popular?
Premium property declines while affordable properties on the rise
AREAS MENTIONED:
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RELATED AREAS OF INTEREST:
Why I still buy in Sydney
Property market update: Sydney, July 2018
Sydney rental market slowing, latest research finds
AREAS MENTIONED:
Revesby
South Hurstville
Sans Souci
Strathfield
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RELATED AREAS OF INTEREST:
What makes a good investment suburb?
Two components of good investment research
How Greta purchased four properties in a year
AREAS MENTIONED:
Redcliffe
Port Macquarie
Loganlea
Launceston
Raceview
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