HSBC Australia Announces Changes to Home Loan Interest Rates
March 05, 2020
March 05, 2020
BARANGAROO, Australia, March 5 -- HSBC Australia, a financial services company, issued the following news:
HSBC Australia will reduce variable interest rates by 0.25% p.a. for home loan customers, following the Reserve Bank of Australia's (RBA) decision to lower the official cash rate by a quarter of a percentage point to 0.5 per cent.
New standard variable (SVR) rates
* Owner Occupied Principal and Interest SVR home loans reduced by 0.25% p.a. to 4.51% p.a . . .
HSBC Australia will reduce variable interest rates by 0.25% p.a. for home loan customers, following the Reserve Bank of Australia's (RBA) decision to lower the official cash rate by a quarter of a percentage point to 0.5 per cent.
New standard variable (SVR) rates
* Owner Occupied Principal and Interest SVR home loans reduced by 0.25% p.a. to 4.51% p.a . . .