The highest interest rate for Commbank Mortgages can vary depending on the specific home loan product you choose, as well as your individual circumstances. Generally, the highest interest rates are typically offered on fixed rate home loans, as these provide a guaranteed interest rate for a set period of time.
Commbank Mortgages offers a range of fixed rate home loans with interest rates that can vary depending on factors such as the loan term, the size of the deposit or equity you have, and the specific features and benefits included with the loan. As of my knowledge cutoff in September 2021, the highest fixed interest rate offered by Commbank Mortgages was around 4.49% per annum for a 5-year fixed rate loan.
It’s important to note that interest rates can change over time and can be influenced by factors such as changes in the Reserve Bank of Australia’s official cash rate, market conditions, and other economic factors. When considering a home loan from Commbank Mortgages or any other lender, it’s important to compare the interest rates and other features of different loan products to find the one that best meets your needs and financial situation