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Refinance Loan News

State Bank Slashes Capped Home Rates

Friday July 31, 1992
The State Bank of NSW has cut its one-year capped home loan rate below 7 per cent for the first time in almost 20 years, but other banks were cautious about following suit immediately. The bank lowered its one-year capped rate from 8.5 per cent to 6.95 per cent, the lowest rate since Sep