January 2023 Mortgage & Property Update: Cash Rate 3.10%

January 2023 rate watch: The policy rate held at 3.10% for this month.

Even without a January decision, lenders and borrowers prepared for a higher-for-longer policy environment.

Broker takeaway: Clarity came from building two-path plans: proceed now with conservative settings or prepare evidence for a better timing window.

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