CBA increase interest rate by 0.15% for owners and investors

Posted Thursday, 06 September 2018 at 14:46 by Shape Home Loans
Tagged: interest rates | Investors | Loan for investment | Loan for investor | Loan for owners occupier | Rate Change
Read more blogs...

Commonwealth Bank of Australia has today announced it will increase its variable home loan rates, following a sustained increase in funding costs. All variable home loan rates for new and existing customers will increase by 15 basis points from 4 October 2018.

• Owner Occupier Principal & Interest Home Loan variable rate increasing by 15 basis points to 5.37% p.a.
• Owner Occupier Interest Only Home Loan variable rate increasing by 15 basis points to 5.92% p.a.
• Investment Principal & Interest Home Loan variable rate increasing by 15 basis points to 5.95% p.a.
• Investment Interest Only Home Loan variable rate increasing by 15 basis points to 6.39% p.a.
• Viridian Line of Credit (VLOC) interest rates will increase by 15 basis to 6.53% p.a., irrespective of loan purpose