16 Feb 2023 Podcast: Deep Dive – How Borrowing Capacity Is Impacted By Rates
Every Australian borrower has been feeling the financial pinch with rising interest rates. But if you’ve had plans to buy another home or investment property, or refinance, your borrowing capacity has been impacted too.
In this episode, Evelyn and Maddie sit down to unpack the ins and outs of borrowing capacity and the impact of interest rates, and what you can do about it.
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If you find yourself in this situation, what should you expect, how can you prepare and how do you work out your next move in property finance?
In this episode, Evelyn and Maddie cover all the ins and outs around your fixed rate expiry to help you get ready.
Don’t miss this episode.
There’s plenty more great content to come … so make sure you subscribe now on Apple Podcasts or Spotify so you don’t miss a thing.
Find out your next step in property finance:
You Have My Interest is brought to you by Everlend, a mortgage and finance broking firm built for the purpose of educating and empowering you to make informed financial decisions tailored to your wealth goals. Find out more and book in your free initial consultation at https://www.everlend.com.au/
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Find out more about You Have My Interest at everlend.com.au/podcast and connect with us at podcast@everlend.com.au
You Have My Interest provides information and educational content relating to mortgages, finance and property. You Have My Interest‘s content is general in nature and does not take into account the individual financial, legal or tax needs or objectives of its audience members.
It is not intended as a substitute for professional advice. Listeners should seek out a licensed professional to discuss their individual financial, legal and tax requirements.
If you need mortgage or finance advice tailored to your own personal situation, contact Everlend today for a free consultation. Everlend are authorised credit representatives of Loan Market Pty Ltd, Australian Credit Licence number 390222.
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