Market Update
September 2023 Mortgage & Property Update: Cash Rate 4.10%
September brought another hold with markets split on the next move.
30/09/2023 • Chorus Finance
September 2023 rate watch: The policy rate held at 4.10% for this month.
Borrower demand stayed selective, with affordability and repayment confidence dominating purchase decisions.
Broker takeaway: Realistic borrowing limits paired with a ready approval help buyers negotiate.
Source: Reserve Bank of Australia cash rate target, as at the end of the month.
This article is general information only and does not constitute personal financial advice.
About the author
Chorus Finance
Chorus Finance is a Brisbane mortgage broking practice. The founder holds an MBA in Finance and has worked in mortgage broking since 2020. The practice helps Brisbane borrowers, including first home buyers, refinancers, and people with self-employed income, understand their home-loan options.
More about Chorus Finance →