CBA has announced that interest only home loan rates for investors will rise by 12 basis points and Viridian Line of Credit (VLOC) products will increase by 4 basis points. The new interest only standard variable rate for investors will be 5.68% per annum, VLOC will move to 5.82% per annum. These changes will be effective from 3 April. To read the full article by Madelin Tomelty in Australian Broker, please click here.
Tags: interest rates