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Podcast: The Numbers Game
Episode: Increased Borrowing Power: Tax Cuts and Lending Strategies
Description: Welcome to Episode 199 of The Numbers Game. In this episode, we dive into maximising serviceability for your home loan as interest rates continue to climb. Nick shares insights on how recent tax cuts can positively impact borrowing capacity and explains the role of APRA in regulating the banks and why a 3% buffer is applied to home loans despite already high interest rates.On this episode, we discuss:APRA's Lending Regulations and Serviceability BufferMaximising Borrowing Power with Recent Tax CutsInterest Rate PredictionsExploring Non-Bank Lenders for Better Borrowing OptionsCheck out the free resources from Inovayt here.<...