A pleasant surprise
Monday, January 23rd 2017, 9:10AM
While everyone is busy raising mortgage rates one bank has done the opposite. SBS has lowered its one-year rate to 4.19% which makes it the lowest standard rate on offer in the market at the moment. HSBC sits alongside it here, however it has more conditions on its offer.
To see how the battle for short-term rates stacks up click here.
While SBS did lower a rate it also raised some of its longer ones.
Also moving today is Sovereign which has increased its variable rate as well as six months, one year and 18 month rates.
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