HSBC’s fixed interest rate mortgages, which are unique in Malta, have been updated and the new even more attractive new rates will remain available to any new home buyers wishing to take out a home loan within the next three months.

With a fixed interest rate on their mortgage, customers can lock in their home loan interest rate for two, three or five years, with repayments on their home loan remaining fixed for the period of time selected, even if official rates rise.

Three options are currently available for HSBC customers wishing to fix the interest rate on their mortgage from HSBC for any of the time available timeframes. These are for two, three or five-year periods with the applicable rates being a low 4.15 per cent, 4.25 per cent and 4.55 per cent respectively.

A typical annualised percentage rate for a fixed rate home loan for Lm50,000 for two years is 4.8 per cent per annum. These rates will remain applicable until 30 June 2006.

More information on HSBC’s Home Loans including the bank’s service promise and its fixed interest rate mortgages can be obtained from any HSBC branch or by calling HSBC on 2380 2380. Details are also available from www.hsbc.com.mt