RBA cash rate increased by 2.35% . How does this affect the borrowing capacity for new home loan applicants?

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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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Published 8 September 2022 2:39pm

Updated 9 September 2022 12:23am

By Athini Amarasiri

Source: SBS

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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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RBA cash rate increased by 2.35% . How does this affect the borrowing capacity for new home loan applicants?

Follow and Subscribe

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.

Follow and Subscribe

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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