Market Update
February 2024 Mortgage & Property Update: Cash Rate 4.35%
February remained on hold while inflation and labor-market signals drove policy debate.
29/02/2024 • Chorus Finance
February 2024 rate watch: The policy rate held at 4.35% for this month.
The hold maintained stability but did not materially loosen credit outcomes.
Broker takeaway: Clear file preparation and lender-fit positioning continued to matter more than headline campaign pricing.
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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