Market Update
December 2024 Mortgage & Property Update: Cash Rate 4.35%
December ended with rates unchanged and households entering 2025 cautiously optimistic.
31/12/2024 • Chorus Finance
December 2024 rate watch: The policy rate held at 4.35% for this month.
The market looked toward 2025 for signs of easing while remaining alert to inflation surprises.
Broker takeaway: A clean end-of-year finance reset improved negotiating power for Q1 buyers and refinancers.
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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