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Market Update

April 2024 Mortgage & Property Update: Cash Rate 4.35%

April's hold kept the rate backdrop stable but still restrictive for many households.

30/04/2024Chorus Finance

April 2024 rate watch: The policy rate held at 4.35% for this month.

Borrowing power remained well below pre-tightening assumptions despite improving process certainty.

Broker takeaway: Targeted product strategy and debt clean-up often unlocked better outcomes than broad application shopping.

This article is general information only and does not constitute personal financial advice.