Standard Housing Loan Product

Lending rates for standard housing loan reduced

The new rates are 6.5 percent pa and 27 percent pa respectively, and came into effect on 6th May, 2019.

In announcing the reduction, BSP Group General Manager Retail Paul Thornton said the new Standard Housing Loan interest rate of 6.5 percent pa represented a 0.95 percent reduction from the previous rate and is applicable to existing and new borrowers.