Market Update
December 2023 Mortgage & Property Update: Cash Rate 4.35%
December closed with no additional move, but borrowing conditions remained tight.
31/12/2023 • Chorus Finance
December 2023 rate watch: The policy rate held at 4.35% for this month.
Households entered 2024 with a clear focus on refinance options, offsets, and risk-aware budgeting.
Broker takeaway: Preparing early for 2024 lender activity beats waiting for pressure points.
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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