Greater Building Society cuts one-year fixed-rate to 4.39%
Larry SchlesingerJuly 17, 2013
Greater Building Society has become the second lender to offer a one-year fixed-rate of 4.39%.
The comparison rate is 5.47%.
This follows the Newcastle-based lender cutting the interest rate on its one year fixed-rate packaged home loan by 15 basis points.
The rate on its non-packaged one-year fixed rate home loan has been reduced from 4.95% to 4.59%.
The new rates kicks in from July 19.
The other lender to offer a 4.39% one-year fixed rate home loan is fellow Newcastle-based lender the Newcastle Permanent Building Society.
Larry Schlesinger
Larry Schlesinger was a property writer at Property Observer