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Podcast: The Property Couch
Episode: 244 | Borrowing Power in 2019: Everything You Need To Know
Description: APRA has recently made changes that affect a lenderâs borrowing power â what does this mean for property investors and homeowners⌠and their interest rates?Well, folks⌠weâre deep diving on this today (and getting a little bit technical), because, in July 2019, the Australian Prudential Regulation Authority (APRA) came out with their revisions to the âbufferâ and âfloor ratesâ of their Prudential Practice Guide APG 223.And why are we telling you this? In a nutshell: this results in a change, potentially an increase, in a lenderâs borrowing power⌠which means YOU can potentially borrow...