Market Update
November 2024 Mortgage & Property Update: Cash Rate 4.35%
November remained unchanged and closed out another month of data-dependent policy watch.
30/11/2024 • Chorus Finance
November 2024 rate watch: The policy rate held at 4.35% for this month.
Borrowers increasingly asked for scenario planning around when cuts might begin in 2025.
Broker takeaway: Preparing early is still the best way to act when policy windows open.
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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