Commonwealth Bank lifts mortgage rates
Commonwealth Bank has followed its rivals in lifting its variable mortgage rates, pleading increased funding costs.
Australia's largest lender says variable rates for owner-occupiers and investors will increase by 0.15 percentage points from October 4.
Westpac was the first major lender to move in the latest round of hikes - which have come despite the Reserve Bank this week once more holding the cash rate at a record low 1.5 per cent - followed by Suncorp, ANZ and now CBA.
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