Rate Watch
August 2022 Mortgage & Property Update: Cash Rate 1.85%
By August, borrower sentiment had clearly changed from aggressive bidding to disciplined decision-making.
31/08/2022 • Chorus Finance
August 2022 rate watch: The policy rate moved up by 0.50 percentage points to 1.85%.
With rates climbing again, repayment sensitivity became the central issue in client conversations and lender credit teams tightened assumptions.
Broker takeaway: Scenarios with and without offset buffers became essential so clients could make decisions confidently under higher-rate settings.
This article is general information only and does not constitute personal financial advice.