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 cash rate and lending updates, 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 as borrowers adapted to tighter credit assessment.
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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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