Commonwealth Bank raises home loan rates

All eyes are on Westpac Banking Corporation Ltd and St George Bank Ltd after the Commonwealth Bank of Australia Ltd (CBA) succumbed to the global credit crisis and lifted interest rates.CBA has increased its standard variable rate on home loans by 0.10 per cent to 8.67 per cent, effective from January 11.. Wed Jan 2008 05:01 (1 year ago)
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