
Mortgage Rates Commentary
Southern Cross ups rates
Thursday 3rd of December 2009
Southern Cross has done all the moving yesterday, with the most significant moves in the shorter terms. Its six-month rate rose by 15 basis points to 5.60% and its yearly rate rose by 10 basis points to 5.90%. The two and three year rates were also shimmied up by 5 basis points to 6.90% and 7.80% respectively. Even with these changes, Southern Cross is still below the median rate for all...
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