Market Update
June 2024 Mortgage & Property Update: Cash Rate 4.35%
June's steady setting prolonged the high-rate phase and kept refinance demand elevated.
30/06/2024 • Chorus Finance
June 2024 rate watch: The policy rate held at 4.35% for this month.
Many households focused on household cash-flow optimization ahead of the second half of the year.
Broker takeaway: Offset utilization and structure review continued to create practical monthly relief.
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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