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Commonwealth Bank hikes its fixed interest rates by a massive 1.4 per cent and warns the Reserve Bank will hammer mortgage holders next week
- The Commonwealth Bank is expecting 0.5 percentage point rate rise on July 5
Australia’s biggest home lender has hiked its fixed mortgage rates by 1.4 percentage points in a clear sign it is expecting a surge in official interest rates.
The Commonwealth Bank on Thursday raised its fixed mortgage rates for both owner-occupiers and investors seeking one to five-year terms.
CBA’s lowest one-year…
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