Rate Watch
March 2020 Mortgage & Property Update: Cash Rate 0.25%
March 2020 brought emergency policy action and a sharp shift in borrower sentiment as uncertainty accelerated.
31/03/2020 • Chorus Finance
March 2020 rate watch: The policy rate moved down by 0.50 percentage points to 0.25%.
The RBA cut aggressively as COVID disruption took hold. Borrowers moved from growth planning to liquidity and repayment resilience.
Broker takeaway: When uncertainty spikes, preserving cash-flow flexibility and lender communication quality matters more than speed alone.
Source: Reserve Bank of Australia cash rate target, as at the end of the month.
This article is general information only and does not constitute personal financial advice.
About the author
Chorus Finance
Chorus Finance is a Brisbane mortgage broking practice. The founder holds an MBA in Finance and has worked in mortgage broking since 2020. The practice helps Brisbane borrowers, including first home buyers, refinancers, and people with self-employed income, understand their home-loan options.
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