Rate Watch
November 2023 Mortgage & Property Update: Cash Rate 4.35%
November delivered another hike, taking rates to the cycle high that carried into 2024.
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Monthly lending and property updates from June 2022 onward, including RBA shifts, market activity, and borrower strategy.
Rate Watch
November delivered another hike, taking rates to the cycle high that carried into 2024.
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May resumed rate rises and reminded borrowers that policy risk remained live.
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February saw rates move again and reinforced the need for disciplined borrowing decisions.
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Rate rises continued into October, but the pace of strategy conversations improved as clients adapted.
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By August, borrower sentiment had clearly changed from aggressive bidding to disciplined decision-making.
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July continued the rapid hiking cycle and reduced maximum borrowing power across many borrower cohorts.
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May 2022 marked the first rate rise of the new cycle and shifted market sentiment from expansion to caution.
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