EL7.AI
StocksMedium•4 November 2026•
1 min read

Commonwealth Bank Raises Variable Home Loan Rates by 0.25%

Key Facts

1Commonwealth Bank of Australia announced a 0.25% p.a. increase to its home loan variable interest rates.
2The move follows the Reserve Bank of Australia's decision to raise the official cash rate.

Commonwealth Bank of Australia announced a 0.25% p.a. increase to its home loan variable interest rates. Benzinga reported that the move follows the Reserve Bank of Australia's decision to raise the official cash rate, with the bank stating that the new rates will be effective starting November 13, 2026.

CMWAY closed at $116.54 on November 3, 2026, the same day the Reserve Bank of Australia raised interest rates to 4.85% from a previous 4.6%. This adjustment to borrowing costs occurs amid persistent inflation, with the quarterly Producer Price Index reaching 1.1% as of October 30, 2026.

The market is awaiting the release of Investment Lending for Homes and monthly Home Loans data on November 11, 2026. these indicators will provide further insight into housing sector activity within the current high-interest environment.

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