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Market Update

July 2024 Mortgage & Property Update: Cash Rate 4.35%

July held rates as borrowers combined budget resets with lending strategy reviews.

31/07/2024Chorus Finance

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

Policy settings were unchanged, but household planning behavior remained active and pragmatic.

Broker takeaway: Mid-year finance reviews reduced decision stress and improved execution confidence for spring campaigns.

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