May 2022 Mortgage & Property Update: Cash Rate 0.35%

May 2022 rate watch: The policy rate moved up by 0.25 percentage points to 0.35%.

The RBA lifted from emergency settings, beginning a tightening phase that changed borrowing power assumptions quickly.

Broker takeaway: Early-cycle rises reward proactive scenario planning before commitments are locked in.

This article is general information only and does not constitute personal financial advice.