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Commonwealth Bank Drops Fixed Rates on Home Loans by 60bps

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7%OFF Home Loans Fixed Rates Deals and Coupons

The Commonwealth Bank’s move to slash fixed rates on Home loans by up to 60bps has catapulted it to a lead position in the market on fixed rate home loan products. The bank now has the lowest fixed rates for the 1 to 5 year products where it ranges from 6.59% to 6.99%. The Bank’s Group Executive for Retail Banking Services, Ross McEwan said the move is intended to address customers demand for certainty in their home loan repayments.

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