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Home Improvement Loans News

4.99% Home Rate Crash

12 July 1997

MORTGAGES are set to fall again as lenders slashed their fixed rates yesterday and the Colonial State Bank introduced a limited offer honeymoon rate of 4.99 per cent. The 4.99pc home loan rate, applying for a year, will be the lowest in 35 years. On a $100,000 mortgage, monthly repayments woul.. read full story

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