November 2022 Mortgage & Property Update: Cash Rate 2.85%

November 2022 rate watch: The policy rate moved up by 0.25 percentage points to 2.85%.

The market focus moved from acquisition only to refinance triage and repayment sustainability.

Broker takeaway: We prioritized refinance pathways where immediate monthly relief could be achieved without compromising long-term flexibility.

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