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Commonwealth Bank has bumped up its three and four year fixed rates on home loans – NEWS.com.au
Commonwealth Bank has bumped up its three and four year fixed rates on home loans
Ultra-low home loans could be on the way out with the nations biggest lender hiking rates for the second time since March. Commonwealth Bank has upped its three and four year fixed term owner occupier rates by five basis points and 10 basis points on investor only loans.
CBA’s decision to hike its three-year rate is the first move by any of the major banks and potentially signals the financial incumbent anticipates the Reserve Bank to increase the cash rate by 2024.
The three-year fixed term rate…
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