Jun 26, 2026 – 1.17pmCommonwealth Bank has cut its mortgage interest rates in a move that will prop up the home loan volume of Australia’s biggest lender in a competitive market that has been slowing following proposed policy changes to negative gearing and capital gains taxation in the federal budget.CBA’s rate reductions of between 5 basis points and 8 basis points across its home loan products could force rivals to follow and put further revenue pressure on the sector.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles