How will new lending rules affect your borrowing power?

How will new lending rules affect your borrowing power?

You may have heard recently that  the Australian Prudential Regulation Authority (APRA) has decided to increase the minimum interest rate buffer it expects banks to use when assessing the serviceability of home loan applications. By November borrowing power could drop...
How much can I borrow?

How much can I borrow?

How much can I borrow?¬† – This is the most common question asked when it comes to buying a house. We’ll pop our mortgage calculator below.. This is great to use as a guide, but lets be honest, knowing how much you can actually borrow is not that simple....