RBA cash rate increased by 2.35% . How does this affect the borrowing capacity for new home loan applicants?
Increased cash rate effect on the borrowing capacity of new home loan applicants in Australia Source: Moment RF / krisanapong detraphiphat/Getty Images
Listen to the SBS Sinhala interview with Nash Samarakoon, a mortgage broker, banking and finance consultant, and entrepreneur from Melbourne discussing how the borrowing capacity for new home buyers would be affected by the increasing cash rate.
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