https://media.blubrry.com/longpropertyshow/content.blubrry.com/longpropertyshow/Episode_113-Will_Banks_Ignore_HECS.mp3Podcast: Play in new window | DownloadSubscribe: RSSRecent policy reforms could significantly boost borrowing capacity for many Australians, particularly first home buyers… Under the changes, certain lenders may now exclude student debt/ HECS commitments from serviceability calculations, effectively increasing how much borrowers can qualify for. This shift could open the door for more aspiring homeowners […]
Ep #113 – Ignoring HECS for higher borrowing capacity
Pre-fab, forecast to triple within 10 years
Certain lenders are now expanding their policies to include construction finance for pre-fabricated (pre-fab) dwellings. Traditionally, lenders have only financed ‘ground-up’ construction, requiring builders to follow a staged payment structure tied to progress on-site (where the lender has security). However, with the growing adoption of pre-fab construction – CBA forecasts the sector to triple over […]
Ep #112 – How the rate cutting cycle might impact you
https://media.blubrry.com/longpropertyshow/content.blubrry.com/longpropertyshow/Episode_112-How_Will_Rate_Cuts_Impact_You.mp3Podcast: Play in new window | DownloadSubscribe: RSSFrom May 2022, the Reserve Bank of Australia increased interest rates 13 times over 15 months. It was one of the most aggressive rate hiking cycles on record. But now, the tide’s turning, and economists are tipping a rate-cutting cycle on the horizon. What does it mean for […]