Commonwealth Bank Cuts Variable Home Loan Rate to 7.56%

Commonwealth Bank of Australia (CBA) today said it will cut its variable home mortgage rate by a quarter of a percentage point following the central bank’s move today. The lender announced the cut in an e-mailed statement.

To contact the reporter on this story: Angus Whitley in Sydney at awhitley1@bloomberg.net

To contact the editor responsible for this story: Malcolm Scott at mscott23@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.