Bloomberg News

Commonwealth Bank Cuts Variable Home Loan Rate to 7.56%

November 01, 2011

Nov. 1 (Bloomberg) -- Commonwealth Bank of Australia 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


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