More Australian bank out of cycle interest rate hikes

Author: Eamonn Sheridan | Category: News

The Commonwealth Bank has increased fixed interest rates on investor and interest only home loans

  • Said the hike was to ensure it continued to meet regulatory requirements
  • Fixed rates on interest-only loans will rise by 25 basis points
  • Principal and interest investor home loans will rise 25 bps, interest only will rise by between 25 and 50bps