ANZ Banking Group says its mortgage interest rates are currently under review, following a move by Commonwealth Bank of Australia to raise lending rates by 10 basis points, or one-tenth of a percentage point.
ANZ spokesperson Paul Edwards said "interest rates are always under review but we have no specific plans at this stage (to change them)".
CBA on Friday said it would raise interest rates on its home and business loans by 10 basis points to offset higher funding costs.
The rate on its standard variable loans will rise to 5.74 per cent, from 5.64 per cent, from Monday.
Interest rates on a range of its fixed home loans and its Residentially Secured Better Business Loan will also rise by 10 basis points from Monday.
The increase in fixed rates does not affect existing customers.
ANZ and rival National Australia Bank both have a 15.8 per cent market share of the home loan market as at April 30, according to figures from the Australian Prudential Regulation Authority.
Both banks lag behind CBA and Westpac, with CBA Australia's largest home loan lender with a 25 per cent market share.
NAB also said on Friday its mortgage interest rates were constantly under review and the bank had no further comment.
AAP