Rate Watch
November 2023 Mortgage & Property Update: Cash Rate 4.35%
November delivered another hike, taking rates to the cycle high that carried into 2024.
30/11/2023 • Chorus Finance
November 2023 rate watch: The policy rate moved up by 0.25 percentage points to 4.35%.
The increase reset mortgage expectations and re-emphasized disciplined debt structuring.
Broker takeaway: A repricing check with your current lender is a sensible first step before a full refinance.
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.
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