Market Update
October 2023 Mortgage & Property Update: Cash Rate 4.10%
October held rates, but borrowers and lenders prepared for a final quarter policy decision.
31/10/2023 • Chorus Finance
October 2023 rate watch: The policy rate held at 4.10% for this month.
Cost-of-living and inflation persistence remained central risks across rate expectations.
Broker takeaway: A review before the year-end lender bottleneck avoids delays.
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 →