In another move which can invite homebuyers back into the market, banking regulator APRA is reducing the 7pc home loan buffer.
This means your ability to repay the mortgage will no longer be assessed based on 7% interest rate.
Your serviceability is likely going to be better once this 7% buffer is removed.
So, home buyers, be quick! Have a chat with US. Let us work together to define your property plan.
We can put you in touch with trusted mortgage brokers, and provide a brief to help them understand the plan.
Don't forget, we've a special discount for first home buyer.
https://www.afr.com/business/banking-and-finance/apra-scraps-7pc-home-loan-buffer-20190521-p51phr
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