📣 Great news for home buyers and investors! 🏡💰
The Reserve Bank of Australia’s rate cut last month has given borrowers a welcome boost — your borrowing power just went up! 🙌
With lenders now adjusting their serviceability buffers, you may qualify for a higher loan amount, making it easier to secure your dream home or next investment property.
💡 According to PropTrack economist Angus Moore, every 0.50% drop in rates could mean a 5% increase in borrowing capacity!
Now is a great time to review your situation — but remember, it’s important to borrow within your means and work with a trusted mortgage broker who understands each lender’s credit policies.
If you’re curious about how much more you could borrow after the RBA’s rate cut last month, send me a message — I can help you find out. 📩
