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REVEALED: Cba first big bank to follow rba rise | Rare Historical Photos

Commonwealth Bank is the first of the "big four" lenders to hike variable mortgage rates. (Joel Carrett/AAP PHOTOS) (AAP)

Commonwealth Bank of Australia has matched this week's move by the central bank and raised its variable home loan rates.

The major lender's rates for owner-occupier and investor mortgages will rise by 50 basis points on August 12.

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