Commonwealth Bank lifts home loan rates

9 January 2008

The Commonwealth Bank of Australia (CBA) has joined the National Australia Bank and the ANZ in lifting the interest rate on Home Loans today.

The CBA announced it was lifting home loans by 0.10 percent to 8.67 percent with the rate becoming effective from January 11.

The Westpac Banking Corporation Ltd and St George Bank Ltd are the only two major Australian banks that are yet to raise their home loan interest rates.



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