From The Australian:
Commonwealth Bank has shadowed its peers in raising investor interest rates, with the move coming through a strong out-of-rate hike cycle that has largely targeted property investors.
In a statement this morning, the nation’s largest bank said its standard variable investment home loan rate would rise seven basis points to 5.56 per cent per annum, while its Viridian Line of Credit interest rates would increase 15 basis points to 5.78 per cent per annum.
