Commonwealth Bank of Australia (CBA) has
extended its home loans price promotion until the end of

CBA launched the retail mortgages
promotion in September, in terms of which it guarantees to beat any
advertised rate of its three major competitors, ANZ, NAB and

The guarantee is available to new
customers who borrow a minimum of A$100,000 ($99,700), as well as
existing customers who take out new borrowings of A$100,000 or

Michael Cant, Executive General Manager
Retail Products, Commonwealth Bank, said the extension of this
offer demonstrated the Bank’s willingness to listen to what its
customers want.

“Since we launched the Home Loan Guarantee
a few weeks ago, more than 20,000 people have come to us seeking a
better home loan deal.  We are committed to helping home
owners own their homes sooner.” said Cant.