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CBA joins ANZ in raising investor interest rates by 0.27 percentage points

2015-07-24 13:22:51| Automakers - Topix.net

The Commonwealth Bank of Australia will increase interest rates for housing investors by 0.27 percentage points, joining ANZ Banking Group in pushing up credit costs to slow its growth in lending to landlords. The country's biggest bank on Friday said its standard variable interest rate for investor loans would rise to 5.72 per cent and fixed rates for property investors would also rise.

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