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Home Improvement Loans News

Home Loans: The First Plunge

2 April 1990

CANBERRA: The St George Building Society jumped the gun yesterday on the Reserve Bank's expected easing of official interest rates by slicing its housing loan rate by three-quarters of a percentage point to 16.5 per cent. The move heralds the first relief for home buyers in two years and o.. read full story

Banks Agree: Home Loans To Be 16% Soon

1 April 1990

CANBERRA: With the Reserve Bank set to consider a one percentage fall in interest rates tomorrow, the major banks said yesterday that home loan rates would follow suit, perhaps within four weeks. The major housing lenders, including the Commonwealth Bank, the St George Building Society and.. read full story

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