Rate Watch
June 2022 Mortgage & Property Update: Cash Rate 0.85%
Chorus Finance launched into a market where rates were moving quickly and confidence was shifting month to month.
30/06/2022 • Chorus Finance
June 2022 rate watch: The policy rate moved up by 0.50 percentage points to 0.85%.
The RBA lifted rates again in June as inflation pressure accelerated. Borrowers suddenly moved from 'wait and see' to 'lock in a clear plan now'.
Broker takeaway: In fast-moving markets, speed to first clarity matters more than chasing perfect timing. We focused clients on borrowing capacity buffers and structure quality.
This article is general information only and does not constitute personal financial advice.